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Written question asked by Lord Myners (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Monday, 13 December 2010.


Economy: Quantitative Easing

Question
To ask Her Majesty’s Government, further to the remarks by Lord Sassoon on 22 November (Official Report, col. 975), why HM Treasury closely monitors an international interest rate swap which is significantly influenced by quantitative easing purchases.
Answer

The Government monitors a wide range of factors in its assessment of the economy. Assessments of international financial markets can be found in the Bank of England Inflation Reports and Financial Stability Reports, as well as in the minutes of the Monetary Policy Committee meetings.


Secondary information

Type
Written question
Reference
4817; 723 c116WA
Session
2010-12
Related items
Finance (No. 2) Bill
Monday, 22 November 2010
Parliamentary proceedings
House of Lords
Subjects
Financial markets Monetary policy Money supply
Link
View this Written question on www.publications.parliament.uk