Monetary Policy Committee definition

Monetary Policy Committee means the Monetary Policy Committee established under section 23;
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Monetary Policy Committee means the Monetary Policy Committee of the Reserve Bank established under section 256.
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Monetary Policy Committee. The committee of the Bank of England which sets interests rates for the Bank of England, and any successor committee thereto.
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Examples of Monetary Policy Committee in a sentence

  • The Monetary Policy Committee continues to reiterate that any further increases will be at a gradual pace and limited in extent.

  • Changes in the benchmark COF could occur due to changes in the Overnight Policy Rate (OPR) as decided by the Monetary Policy Committee of Bank Negara Malaysia, as well as other factors such as RHB deposits' promotional rates and funding strategies.

  • The relevant rate must not exceed by more than 5 percentage points the base lending rate most recently set by the Monetary Policy Committee of the Bank of England in connection with its responsibilities under Part 2 of the Bank of England Act 1998.

  • Outlook for inflation:The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment.

  • As expected, the Monetary Policy Committee (MPC) delivered a 0.25% increase in Bank Rate at its meeting on 2 November.

  • Bank Rate, currently 0.5%, underpins investment returns and is not expected to start increasing until quarter 3 of 2013 despite inflation currently being well above the Monetary Policy Committee inflation target.

  • The Monetary Policy Committee re-emphasised that any prospective increases in Bank Rate would be expected to be at a gradual pace and to a limited extent.

  • Unemployment continued to fall and the Bank of England’s Monetary Policy Committee judged that the extent of spare capacity in the economy seemed limited and the pace at which the economy can grow without generating inflationary pressure had fallen over recent years.

  • This forecast was invalidated by the Covid-19 pandemic bursting onto the scene in March 2020 which caused the Monetary Policy Committee to cut Bank Rate in March, first to 0.25% and then to 0.10%, in order to counter the hugely negative impact of the national lockdown on large swathes of the economy.

  • While the Bank of England said in August / September 2020 that it is unlikely to introduce a negative Bank Rate, at least in the next 6 -12 months, and in November omitted any mention of negative rates in the minutes of the meeting of the Monetary Policy Committee, some deposit accounts are already offering negative rates for shorter periods.


More Definitions of Monetary Policy Committee

Monetary Policy Committee means the monetary policy committee established under section 27; "monetary policy operations" means actions taken by the Bank to implement monetary policy; "mutilated currency" means a mutilated currency as defined in section 44;
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Monetary Policy Committee means the Monetary Policy Committee established under section 44(2) of this Act
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Related to Monetary Policy Committee

  • Policy Committee means the body created by this Agreement to approve the budget for the Consortium, to develop cooperative approaches regarding countywide GIS and the concerns of each party, and to perform such other functions as are set forth in this Agreement.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Procurement Policy Board or “PPB” shall mean the board established pursuant to Charter § 311 whose function is to establish comprehensive and consistent procurement policies and rules which have broad application throughout the City.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Board Committee means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Legislative Leadership Committee means a committee established, authorized to be established, or designated by the President of the Senate, the Minority Leader of the Senate, the Speaker of the General Assembly, or the Minority Leader of the General Assembly pursuant to N.J.S.A. 19:44A-10.1 for the purpose of receiving contributions and making expenditures.

  • Apprenticeship committee means those persons designated by the sponsor to act for it in the administration of the program. A committee may be “joint,” i.e., composed of an equal number of representatives of the employer(s) and of the employees represented by a bona fide collective bargaining agent(s), and is established to conduct, operate, or administer an apprenticeship program and enter into apprenticeship agreements with apprentices. A committee may be “unilateral” or “nonjoint” and shall mean a program sponsor in which a bona fide collective bargaining agent is not a participant.

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Standards Board means the Professional Standards Board established pursuant to 14 Del.C. §1201.

  • Discipline Committee means the Discipline Committee of the College, and includes a panel of the Discipline Committee;

  • Health Board means a Health Board established under section 2 of the National Health Service (Scotland) Act 1978;

  • Procurement Committee means a Committee constituted by the Employer to perform the functions as such under the terms and conditions of Contract.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Compensation Committee means the Compensation Committee of the Board.

  • Finance Committee means the Finance Committee of the University;

  • State committee means a committee formed to support or oppose candidates for state office or state ballot measures.

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • standards committee (“pwyllgor safonau”) means the standards committee of the county or county borough council which has functions in relation to the community council for which it is responsible under section 56(1) and (2) of the Local Government Act 2000.

  • Disciplinary Committee means any person or committee of persons, or any subcommittee thereof, that is author- ized by a self-regulatory organization to issue disciplinary charges, to con- duct disciplinary proceedings, to settle disciplinary charges, to impose dis- ciplinary sanctions or to hear appeals thereof.

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Governance Committee means the Governance Committee of the Board.

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Executive commissioner means the executive