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عمومی::
کمیتۀ سیاست پولی، کمیتۀ سیاست پولی
Since credit conditions play an important role in the outlook for economic growth and inflation, the Monetary Policy Committee (MPC) - whose primary objective is to deliver price stability, defined by the 2% inflation target - monitors closely any near-term(6) impact on credit conditions stemming from changes in macroprudential policies (including capital policies).
So for this reason, too, both the FPC and the MPC need to consider the likely impact of macroprudential capital policy on output and inflation when setting policy and a key part of this assessment is the impact via credit conditions
The focus of this article is on the impact on credit conditions over the near term, which has particular relevance for the MPC as it will interact with other considerations relevant to the setting of monetary policy.
(6) To the extent that macroprudential policy influences the outlook for output and inflation via the impact on credit conditions, the MPC will need to take account of the FPC's policy actions when setting monetary policy.
And the FPC will need to take account of the MPC's actions when calibrating the likely impact of their macroprudential capital policies،Since credit conditions play an important role in the outlook for economic growth and inflation, the Monetary Policy Committee (MPC) - whose primary objective is to deliver price stability, defined by the 2% inflation target - monitors closely any near-term(6) impact on credit conditions stemming from changes in macroprudential policies (including capital policies).
So for this reason, too, both the FPC and the MPC need to consider the likely impact of macroprudential capital policy on output and inflation when setting policy and a key part of this assessment is the impact via credit conditions
The focus of this article is on the impact on credit conditions over the near term, which has particular relevance for the MPC as it will interact with other considerations relevant to the setting of monetary policy.
(6) To the extent that macroprudential policy influences the outlook for output and inflation via the impact on credit conditions, the MPC will need to take account of the FPC's policy actions when setting monetary policy.
And the FPC will need to take account of the MPC's actions when calibrating the likely impact of their macroprudential capital policies
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