John Baron
Main Page: John Baron (Conservative - Basildon and Billericay)Department Debates - View all John Baron's debates with the HM Treasury
Monday 26th November 2012
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(11 years, 12 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr John Baron (Basildon and Billericay) (Con)
The risk with quantitative easing is higher inflation and a weaker currency. Will the Government use this appointment to re-examine whether QE actually encourages better or higher economic growth?
Mr Osborne
The Monetary Policy Committee has not requested additional headroom to conduct QE. As I have said, I think QE has been the right instrument to try to keep yields down and support demand, but any questions about Mr Carney’s view of QE in the British context will be ones that the Treasury Committee can direct at him.