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Monetary Mechanism of Bank of England

Type: Report

Domain: Macro-economic Analysis

Words: 2900

 

Monetary Mechanism of Bank of England

This report focuses on the macro-economic policies and monetary mechanism of the Bank of England. The discussion further focuses on the approaches to monetary transmission such as inflation flexibility, risk management, and low interest rate mechanism. It further focuses on measures undertaken to stabilize the economy, Taylor Rule and Phillips Curve, the Central Bank’s concern over unemployment and aggregate demand, and other policies related to the report.



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