Monetary Policy Committee (MPC)

 

 

 

Monetary Policy Committee (MPC)

 

Glossary of business

 

Definition of monetary policy committee (mpc)

 

The Monetary Policy Committee is a committee of the Bank of England chaired by the Governor that meets monthly to set the level of interest rates in the economy. They set interest rates according to the targets they have been set for inflation (currently 2.5%).

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

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Definition and meaning of monetary policy committee (mpc)

 

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