Why is the Bank of England important?

What is a Central Bank and how is it structured?

Monetary Policy Tools

Figure 1: Bank of England’s bond purchases from 2009 to 2020 [6]
Figure 2: Channels for the impact of the Bank of England’s Gilt purchases on domestic demand [9]
Figure 3: Illustrative Taylor rule for nominal interest rates [29]

References

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store