It takes the average reader and 44 minutes to read Committee On Economic Affairs 3rd Report Of Session 2003-04, Monetary And Fiscal Policy Present Successes And Future Problems Report by Great Britain. Parliament. House of Lords. Select Committee on Economic Affairs
Assuming a reading speed of 250 words per minute. Learn more
This is the second report by the Committee on the performance of the Monetary Policy Committee (MPC) of the Bank of England. Issues discussed include: the MPCs operational target and effects on the control of inflation; the role of housing in the determination of monetary policy; other factors affecting inflation; the MPCs forecasting record; the expertise of recently appointed MPC members; the conduct of fiscal policy, UK fiscal rules, the suitability of the Stability and Growth Pact; and improving the supply side of the economy. Findings include: concern about the Chancellors decision to change the MPCs operational target, now based on the Consumer Prices Index; the need for clarification about the MPCs position on house price inflation and the recent rise in oil prices; and concern that the Bank of Englands forecasting record reveals systematic and persistent errors as well as some lack of transparency in the basis for the MPCs interest rate decisions.
Committee On Economic Affairs 3rd Report Of Session 2003-04, Monetary And Fiscal Policy Present Successes And Future Problems Report by Great Britain. Parliament. House of Lords. Select Committee on Economic Affairs is 44 pages long, and a total of 11,176 words.
This makes it 15% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Committee On Economic Affairs 3rd Report Of Session 2003-04, Monetary And Fiscal Policy Present Successes And Future Problems Report aloud.
Committee On Economic Affairs 3rd Report Of Session 2003-04, Monetary And Fiscal Policy Present Successes And Future Problems Report is suitable for students ages 8 and up.
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