Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he expects further quantitative easing to be undertaken in the next three years.

The UK’s monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee (MPC). Decisions on the use of monetary policy tools, including quantitative easing, are for the judgement of the MPC.