§ Mr. MitchellTo ask the Chancellor of the Exchequer, pursuant to his answers of 2 March 1998,Official Report, column 453, on credit control, (1) if he will now use the reserve requirement to restrict the expansion of credit; [37229]
(2) what assessment he has made of alternative monetary policy instruments. [37240]
§ Mrs. LiddellThe operational decisions necessary to meet the Government's inflation target are now taken by the Monetary Policy Committee.