| Heading: |
Bank of England: Monetary Policy |
| Question ID: |
1790889 |
| UIN: |
HL6356 |
| House: |
Lords |
| Date tabled: |
2025-03-31 |
| Asking Member ID: |
693 |
| Asking Member display name: |
Lord Kinnock
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Lord Kinnock
|
| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what assessment they have made of the Bank of England's policy to sell bonds, in the light of the US Federal Reserve and European Central Bank practice of disposing of bonds through maturation. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-04-09 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4559 |
| Answering Member display name: |
Lord Livermore
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Livermore
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| 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: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |