Source · Select Committees · Treasury Committee

Recommendation 13

13 Paragraph: 69

Explore including value-for-money and Treasury spending criteria in ongoing QT pace decisions.

Recommendation
That being so, while it is right that MPC members should have monetary policy and the inflation target foremost in their thinking and decision-making, the Bank and Treasury should explore how criteria on value for money and the spending power of the Treasury could be included in decisions about the ongoing pace and timing of QT.
Paragraph Reference: 69
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 ↗