Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.

The transcript discusses the roles of the MPC, PRA, and FPC in managing the economy, highlighting the resilience of the banking system amidst economic challenges. It explores the interplay between monetary and fiscal policies, emphasizing the positive effects of monetary policy on government borrowing and the broader economy.

What are the different objectives reflected by the MPC and PRA in their messaging?

What role does the Financial Policy Committee (FPC) play in the context of the banking system?

How has the banking system performed during the current economic conditions according to the speaker?

What are the potential effects of stopping quantitative easing (QE) on government finances?

In what ways does monetary policy affect government borrowing and other borrowers in the economy?