HC Deb 25 May 1978 vol 950 c632W
32. Mr. Grimond

asked the Chancellor of the Exchequer what is his estimate of the growth in the money supply over the next six months.

Mr. Denzil Davies

It is not the practice to publish such forecasts for short periods ahead. Since some month-to-month fluctuations in monetary growth are to be expected. I see no advantage in setting targets for periods shorter than a year.