Source · Select Committees · Treasury Committee
Recommendation 3
3
Paragraph: 22
Bank of England lacks established long-term strategy for balance sheet size and composition
Conclusion
One area in which the Bank’s strategy is less well established regards the long-term steady-state size and composition of its balance sheet, which may have a bearing on the longer-term conduct of QT and which, as we note later, may have implications for fiscal as well as monetary and financial stability policy.
Paragraph Reference:
22
Government Response
A response document is linked to this report, dated 18 April 2024. Response attribution to this conclusion has not been verified. Read the response document ↗