A question on #InterestRates tabled by Lord Sikka on 25-03-2025 has been answered by Lord Livermore.

Heading: Interest Rates
Question ID: 1788631
UIN: HL6144
House: Lords
Date tabled: 2025-03-25
Asking Member ID: 4885
Asking Member display name: Lord Sikka
Asking Member handle: premnsikka
Asking Member Twitter reference: @premnsikka
Member interest: false
Question text: To ask His Majesty's Government what assessment they have made of the impact of quantitative tightening on the interest rate yield curve.
Is named day: false
Date of holding answer:
Date answered: 2025-04-08
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4559
Answering Member display name: Lord Livermore
Answering Member handle:
Answering Member Twitter reference: Lord Livermore
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The Bank of England has operational independence from the government to carry out its statutory responsibilities for monetary policy and financial stability. Monetary policy, including quantitative easing, is the responsibility of the independent Monetary...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true