Carney launches review of BoE monetary policy

Mark Carney
Mark Carney
Bank of England

The Bank of England is to follow several other advanced-economy central banks in conducting a review of its monetary policy framework, as structural economic change hampers conventional tools.

Mark Carney said BoE economists would embark on a year-long research project to examine whether the inflation-targeting framework remained fit for task. While he said the “bar for change to the regime is very high”, he cautioned against complacency.

“A careful and deliberate research review of the UK’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: