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Catalogue description HM Treasury: Domestic Economy Sector, Home Finance Group, Monetary Policy Division: Monetary Analysis Management and Control (MAMC) prefix records
| Reference: | T 448 |
|---|---|
| Title: | HM Treasury: Domestic Economy Sector, Home Finance Group, Monetary Policy Division: Monetary Analysis Management and Control (MAMC) prefix records |
| Description: |
The records in this series concern the formulation of monetary policy; analysis of monetary developments and forecasts of monetary control of techniques and consumer credit. |
| Date: | 1981-1994 |
| Arrangement: |
Arranged chronologically and in file prefix reference order. |
| Held by: | The National Archives, Kew |
| Former reference in its original department: | MAMC |
| Legal status: | Public Record(s) |
| Language: | English |
| Creator: |
Treasury, Domestic Economy Sector, Home Finance Group, 1975-1984 |
| Physical description: | 996 file(s) |
| Access conditions: | Open unless otherwise stated |
| Immediate source of acquisition: |
From 2013 Treasury |
| Accumulation dates: | 1981-1994 |
| Selection and destruction information: | Records selected under the appraisal / selection criteria theme 3.1.4 'the regulation and support of the UK economic activity by government'. |
| Accruals: | Series is accruing. |
| Administrative / biographical background: |
The Monetary Policy Division was created in 1981 and formed part of the Home Finance Group and thereunder the Domestic Economy Sector of HM Treasury. Monetarist policy promotes the idea that close control of the money supply is crucial to reducing inflation. The previous Labour administration had already started to experiment with monetary targets as early as 1976 in the form of a range of permissible growth in the money supply. Monetarist policy from 1979 was more formally applied to restrict the growth of the money supply within the UK with the objective of reducing inflation. |
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