IIC&G CPD WEBINAR: BANK OF ENGLAND STATE OF THE ECONOMY ADDRESS
Overview
The Bank of England is responsible for keeping the UK’s economy on the right track. One of the ways it does this is through monetary policy.
The Bank of England operate monetary policy by moving the interest rate (formally known as Bank Rate) up and down. In certain circumstances, The Bank of England will supplement this with measures such as quantitative easing.
Decisions on monetary policy are made by the Monetary Policy Committee (MPC) eight times a year.
The MPC has nine individual members. Before they decide what action to take, they hold several meetings to look at how the economy is working.
Members are briefed on the latest data and analysis on the economy. This includes reports on business conditions around the UK from regional agents.
Jamie Barber, Deputy Agent for the South West will present an overview of the economy and then lead discussion around current themes.
Learning Objectives
Attendees will get an up-to-date overview as to the state of the economy and an insight into the workings of the Monetary Policy Committee (which in turn controls the economy).
HOUSEKEEPING:
This is a CPD webinar hosted by Zoom. Your Zoom link will be sent out 48 hours before the event. It is not included in the reminder that comes separately. Please do not share the Zoom link with anyone else. The session will NOT be recorded
ADVANCED COMMENTS/QUESTIONS
You may well have comments and questions and there will be plenty of time for that. If you have observations or questions please do email them in advance to Education Lead simon.mcgill@ecclesiastical.com in confidence
To view our image and video capture consent statement, please click here.
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.