What happened, and what has been done since?| www.bankofengland.co.uk
The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.| www.bankofengland.co.uk
Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority| www.bankofengland.co.uk
CBDC stands for central bank digital currency. It’s digital money a country’s central bank can issue alongside cash. If we introduced one, we’d call it the digital pound.| www.bankofengland.co.uk
Feathers, shells and even teeth … money has taken many forms over time| www.bankofengland.co.uk
We are looking at the case for issuing a digital pound, which is a type of money known as a central bank digital currency (CBDC) – it would not replace cash| www.bankofengland.co.uk
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The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
Find out about the individual cookies we use on the Bank of England website, and why we use them.| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
Interest is the cost of borrowing money or the reward for saving.| www.bankofengland.co.uk
Dates for Monetary Policy Committee (MPC) announcements on Bank Rate and publication of MPC meeting minutes and the quarterly Monetary Policy Report.| www.bankofengland.co.uk
Find out about the new messaging standard, key delivery dates, and the benefits of ISO 20022| www.bankofengland.co.uk
The PRA supervises around 1,500 financial institutions including banks and insurance companies.| www.bankofengland.co.uk
We set monetary policy to keep inflation in the UK low and stable.| www.bankofengland.co.uk
Given at The Federal Reserve Bank of Kansas 2024 Economic Symposium, Jackson Hole, Wyoming| www.bankofengland.co.uk
Our monthly Money and Credit statistical release is made up of three parts: broad money and credit, lending to individual and lending to businesses.| www.bankofengland.co.uk
We set Bank Rate to influence other interest rates. We use our influence to keep inflation low and stable.| www.bankofengland.co.uk
The Bank of England prudentially regulates and supervises financial services firms through the Prudential Regulation Authority (PRA).| www.bankofengland.co.uk
Consultation Paper| www.bankofengland.co.uk
Quantitative easing (QE) is one of the tools we use to meet our 2% inflation target. QE lowers long-term borrowing costs to support spending in the economy and hit the inflation target.| www.bankofengland.co.uk
Quarterly Bulletin 2014 Q1| www.bankofengland.co.uk
Senior Advisor - Capital Markets Division| www.bankofengland.co.uk
Use our inflation calculator to check how prices in the UK have changed over time, from 1209 to now.| www.bankofengland.co.uk
We have published a selection of datasets to crowdsource answers to our key research questions and support collaboration between our staff and external researchers.| www.bankofengland.co.uk
The Bank of England publishes daily estimated yield curves for the UK| www.bankofengland.co.uk