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Monetary Policy

Ask the Deputy Governor

Ask Charlie Bean, the Deputy Governor
On 13 July, Charlie Bean, Deputy Governor for Monetary Policy, began a 7-day tour of Britain to explain the MPC's policy of injecting money directly into the economy alongside its decisions on interest rates.

The Deputy Governor made a number of visits to parts of England, Scotland and Wales. He met business groups and organisations and undertook media interviews. This is part of an ongoing effort by the Bank to explain its quantitative easing policy - why injecting money into the economy is needed, how the policy is expected to work, how the MPC is monitoring its effectiveness and how the MPC will remove the stimulus when it is appropriate to do so.

To complement these visits, Charlie Bean invited your questions on quantitative easing. Questions were received up to 24 July. Charlie Bean will answer as many questions as possible shortly after the Bank's Inflation Report is published on 12 August 2009 (date to be advised). Answers will be posted on the Bank's website.

Questions can continue to be asked on any aspect of the Bank through our usual public general enquiries email enquiries@bankofengland.co.uk.

Further information about quantitative easing can be found on these web pages.

More information
Asset Purchase Facility | How asset purchases work |
Amount of assets purchased | Impact of asset purchases | Accountability

 

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