Submitted by Jason Stather-Lodge on Monday 16th December 2024
Published on Thursday 20th February 2025
Current status: Open
Open until: Wednesday 20th August 2025
Current Signatures: 15
(count is updated approximately hourly)
Relevant Departments
Tagged with
balance ~ Bank of England ~ Banks ~ Delivering ~ England ~ growth ~ inflation ~ inflation target ~ Managed ~ Mandate ~ Of England ~ Ratings ~ Responsible ~ Side ~ Target ~ The Bank of England ~ The BoE ~ The USA ~ USA ~ Years
Give the BOE an explicit dual mandate with a growth and inflation target.
I would like the government give the Bank of England (BOE) a dual mandate to deliver on a targeted growth rate for the UK as well as an inflation target. I think delivering on only one side of the equation is not balanced, skews the BOE and has for many years stifled potential growth.
I think having the BOE focused on growth is fiscally responsible. The federal reserve in the USA has for many years had a dual mandate that I think has been managed very well.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
3.145.191.128 Sat, 22 Feb 2025 12:25:36 +0000
