European Central Bank

House of Lords written question – answered on 15th January 2015.

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Photo of Lord Stoddart of Swindon Lord Stoddart of Swindon Independent Labour

To ask Her Majesty’s Government whether they support a policy of quantitative easing by the European Central Bank; and if so, what would be the implications for the United Kingdom if such a policy were implemented.

Photo of Lord Deighton Lord Deighton The Commercial Secretary to the Treasury

It is for the ECB Governing Council to decide the appropriate monetary policy stance for the euro area.

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