There are many paths of policy interest rates that are consistent with maintaining price stability over the medium term. In choosing among these various paths, policy-makers may seek policy settings that contain the emergence of financial imbalances, so as to impart greater stability to the economy as a whole.
Delegations from your esteemed committee have visited the UK several times, and received fruitful cooperation from the competent authorities in the UK, including the Serious Organized Crimes Agency (SOCA).