Bank of England - Part 3

RESEARCH CONTENT

This report covers the history of the Bank of England post nationalisation in 1946 to today, discussing:

• The efficacy of Monetary Policy in being able to steer the economy

• Communication

• The relationship between the Bank and Treasury

• Three key restructurings

• The timing of Independence

• Eddie George’s unfulfilled promises regarding the benefits of independence

• The accuracy of economic forecasting.

• The biggest change to Monetary Policy and what it means for the future

The conclusion of the 3 Part series reveals a good picture of today's bank, giving a good indication of the weight investors should put on their speeches and communication.