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Why do you think maintaining price stability was set as the MPC's principal objective? within Section 11 of the Bank of England Act 1998 defined

Why do you think maintaining price stability was set as the MPC's principal objective? within Section 11 of the Bank of England Act 1998 defined the objectives of the Bank of England in relation to monetary policy as "(a) to maintain price stability, and (b) subject to that, to support the economic policy of Her Majesty's Government, including its objectives for growth and employment".

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