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Written question asked by Stephen Crabb (Conservative) on Monday, 30 October 2006, in the House of Commons. It was due for an answer on Thursday, 2 November 2006. It was answered by Ed Balls (Labour) on Tuesday, 7 November 2006 on behalf of the Treasury.


Inflation

Question
To ask the Chancellor of the Exchequer what assessment he has made of the implications for inflation of recent increases in M4 money supply.
Answer

[holding answer 2 November 2006]: The Bank of England keeps monetary aggregates under review. The bank’s latest assessment of M4 growth was published in the August inflation report.A full assessment of recent developments and prospects for inflation will be published in the forthcoming pre-Budget report.


Secondary information

Type
Written question
Reference
451 c1031W; 98904
Session
2005-06
Subjects
Inflation Money supply
Link
View this Written question on www.publications.parliament.uk