Monetary policy Flashcards
1
Q
Background
A
- cut in interest rates (0.75% to 0.1%)
-QE (£495 billion)
But:
-Banks not willing to lend
-very high inflation (11.1% October 2022)
2
Q
A
Theme 4 Economics > Monetary policy > Flashcards
Background
But:
-Banks not willing to lend
-very high inflation (11.1% October 2022)