questionText: To ask the Chancellor of the Exchequer, with reference to the recommendations of the International Monetary Fund in its report entitled New Perspectives on Quantitative Easing and Central Bank Capital Policies, published on 17 May 2024, whether she plans to review the treatment of QE/QT profits and losses.
answerText: The Asset Purchase Facility (APF) is indemnified by HM Treasury so that all profits and losses accrued in the APF are owed to, or borne by, HM Treasury. This is in line with its financial relationship with the Bank and supports the Bank’s operational inde...
heading: Monetary Policy