Kate Barker on monetary policy and asset prices

SPEECH - In the speech 'Monetary Policy - A Perpetual Dilemma?' made on 14 October Kate Barker of the Bank of England questioned whether it was the role of monetary policy to protect individuals from the risks asset price bubbles pose and whether such controls would bring the disadvantage of distorting market behaviour.

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Speech by Kate Barker, member of the Bank of England's Monetary Policy Committee, to the

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