The Chancellor has announced an updated remit for the Bank of England's monetary policy committee, in a move to boost growth through "monetary activism".
The Chancellor maintained the "primacy" of the Bank of England's inflation target of 2%, but said the Bank would now have to clearly set out the trade-offs it has made to achieve this. He said: ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
