Public Attitudes to Monetary Policy and Satisfaction with the Bank

5 Pages Posted: 6 Jul 2012

Date Written: June 20, 2012

Abstract

The past few years have been an extraordinary period for the UK economy and monetary policy. This article examines how that has affected households’ awareness and understanding of monetary policy. Results from the Bank/GfK NOP survey suggest that public awareness of the policy framework has remained broadly constant throughout the life of the survey, but that the Bank’s asset purchase programme appears to be less well understood than the setting of interest rates. Satisfaction with the way the Bank sets interest rates has fallen since the onset of the financial crisis, but remains positive. That may, in part, reflect ongoing concerns about the economic outlook.

Suggested Citation

Harimohan, Rashmi and Jeffery, Rosey, Public Attitudes to Monetary Policy and Satisfaction with the Bank (June 20, 2012). Bank of England Quarterly Bulletin 2012 Q2, Available at SSRN: https://ssrn.com/abstract=2101101

Rashmi Harimohan (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Rosey Jeffery

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
22
Abstract Views
294
PlumX Metrics