Bank of England Monetary Policy Committee

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The Bank of England's Monetary Policy Committee (MPC) is responsible for setting interest rates and enabling the inflation target to be met. Nine members make up the MPC including; the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. [1]

References[edit]

  1. Monetary Policy Committee. Bank of England website.