A central bank target for house price growth

By Rebecca Larkin 2019-05-14T05:00:00

Labour’s suggestion that the Bank of England sets a ‘ceiling’ misses the point

For the last couple of years, housing has been awash with policy ideas from both sides of the House of Commons chamber. One that stood out recently was Labour’s proposal that the Bank of England should extend its remit to target house price inflation, in addition to its 2% target for general consumer price inflation.

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