In the speech, he discusses the current business attitude to monetary policy, which he believes is strongly supportive of the present framework based on an independent central Bank targeting low inflation. Sentance argues that this support flows from the experience of low and stable inflation and the greater stability in the real economy that has resulted.
Published on 10 July 2007
// News // Monetary Policy Committee (MPC)
Bank Rate maintained at 0.75% - September...
Bank Rate maintained at 0.75% - September 2019
// News // News release