Making of Monetary Policy in the UK, 1975-2000
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Over the quarter of a century with which this book is concerned,the UK has had an extraordinarily diverse experience of monetarypolicy and monetary regimes. Monetary policy has been transformed,from attempts to control broad money from the supply side with theuse of indirect controls on banks'' lending, to an almost exclusivefocus on interest rates in a context of inflation targeting. Theexchange ...
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Over the quarter of a century with which this book is concerned,the UK has had an extraordinarily diverse experience of monetarypolicy and monetary regimes. Monetary policy has been transformed,from attempts to control broad money from the supply side with theuse of indirect controls on banks'' lending, to an almost exclusivefocus on interest rates in a context of inflation targeting. Theexchange ...
Read more
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