Give the BOE an explicit dual mandate with a growth and inflation target.

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Petition Action

Give the BOE an explicit dual mandate with a growth and inflation target.

Petition Details

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.

Additional Information

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.

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