The aim of Chapters 3–8 has been to give an up-to-date description of the way in which the monetary authorities in the UK analyse monetary developments and operate in the related financial markets (especially the gilt edged and money markets). The analysis of monetary developments and the operation and conduct of policy are, however, almost continuously under review. In this final chapter we attempt to draw attention to some of the more important continuing questions surrounding monetary policy in the UK.
KeywordsExchange Rate Monetary Policy Monetary Aggregate Money Growth European Monetary System
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