Does my right hon. Friend accept that the intention of quantitative easing was to bring down long-term interest rates? That first stage has started to flow through in the 0.5 per cent. fall in the long-term interest rates referred to at the start of the debate.
The Economy
Proceeding contribution from
Sally Keeble
(Labour)
in the House of Commons on Tuesday, 31 March 2009.
It occurred during Debate on The Economy.
Type
Proceeding contribution
Reference
490 c851
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 10:45:29 +0100
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