By David England, Andrew Hebden, Tom Henderson and Tom Pattie of the Bank’s Inflation Report and Agency Intelligence Division.
The Bank’s Agents have had a long-standing role to provide economic intelligence for monetary policy purposes. Increasingly the Agents have also been gathering intelligence to inform financial stability policy. Developments in credit conditions and property markets are examples of issues relevant to both monetary and financial stability policy that the Agents are particularly well placed to provide information on.
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