Book contents
- Reflections on Monetary Policy after 25 Years of the MPC
- Macroeconomic Policy Making
- Reflections on Monetary Policy after 25 Years of the MPC
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- I Overview
- 1 An Introduction
- 2 Twenty-Five Years of Bank of England Independence
- II Communication
- III Targets and Instruments
- IV MPC Process
- V Lessons for Central Bank Independence
- Annex: Details on the methodology for the classification of level of disagreement
- Index
- References
2 - Twenty-Five Years of Bank of England Independence
An International Perspective
from I - Overview
Published online by Cambridge University Press: 14 November 2024
- Reflections on Monetary Policy after 25 Years of the MPC
- Macroeconomic Policy Making
- Reflections on Monetary Policy after 25 Years of the MPC
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- I Overview
- 1 An Introduction
- 2 Twenty-Five Years of Bank of England Independence
- II Communication
- III Targets and Instruments
- IV MPC Process
- V Lessons for Central Bank Independence
- Annex: Details on the methodology for the classification of level of disagreement
- Index
- References
Summary
This paper analyses and discusses how the Bank operated and performed as an independent central bank. It combines a critical evaluation with useful lessons from an international perspective. The Bank’s performance is compared with some of its peers, including the US Federal Reserve, the European Central Bank and fellow inflation targeters
- Type
- Chapter
- Information
- Reflections on Monetary Policy after 25 Years of the MPC , pp. 10 - 22Publisher: Cambridge University PressPrint publication year: 2024