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House of Commons
Session 1999-2000
Publications on the internet
Treasury Committee Publications

Treasury - Ninth Report

Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 22 March 2001.


CONTENTS


TERMS OF REFERENCE

List of Witnesses

List of Memoranda included in the Minutes of Evidence

List of Appendices to the Minutes of Evidence

REPORT

Summary of Conclusions and Recommendations

I Introduction

II Assessing the performance of the MPC
The assessment criteria
Assessment of the MPC as a whole
The economic conditions
Performance against target
Undershooting the target
Performance against expectations
Performance against secondary objectives
Assessment of individual MPC members

III Assessing the Monetary Framework
The transparency of the framework
MPC meeting minutes
The Inflation Report and forecast
The unchanged interest rate assumption
Representation on the MPC
Provision of Regional Information
Appointments to the MPC
Support for the externally appointed MPC members

IV The Role of the Treasury Committee
Holding the MPC to account
Improving processes and procedures
Confirmation Hearings

V Wider Policy Issues
Co-ordination of monetary and fiscal policy
The exchange rate
The New Economy

ANNEX: COMMITTEE REPORTS AND EVIDENCE RELATING TO MONETARY POLICY COMMITTEE MATTERS

PROCEEDINGS OF THE COMMITTEE RELATING TO THE REPORT

MINUTES OF EVIDENCE
Tuesday 12 December 2000
Tuesday 6 February 2001
Monday 26 February 2001
Tuesday 27 February 2001


APPENDICES


List of Treasury Committee Reports



 
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Prepared 28 March 2001