Treasury Committee: Bank of England Monetary Policy Reports
Committee hears from witnesses
The Treasury Committee will take oral evidence on the Bank of England's Monetary Policy Reports. These reports, published twice yearly, set out the Bank's assessment of inflation, economic growth, and interest rate decisions. The committee will scrutinise the Bank's reasoning on these critical decisions and their implications for UK households and businesses.
Monetary policy directly affects interest rates on mortgages, savings, and business borrowing, as well as inflation levels that impact living costs. Parliamentary scrutiny of the Bank of England's decisions holds the institution accountable and ensures MPs can probe the evidence behind decisions affecting millions of households and firms across the country.
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