contents-qb-1986-q3.pdf

Here is a summary of the document:

The Bank of England's Quarterly Bulletin, September 1986, discusses recent economic and financial developments. Key points include:

• General assessment: The economy has been stable with low inflation.
• Economic commentary: Notes on the impact of changing oil prices (309-315).
• Operation of monetary policy: Calendar, cash ratio deposits, notice issued by the Bank (333).
• Banking statistics (345).
• International financial developments:
  • Note on prospects for a selection of developing economies (346-355).
• Articles:
  • Recent trends in real interest rates (359).
  • Employment creation in the United States and the United Kingdom (364).
  • International banking in London, 1975-85 (367).
  • The market in foreign exchange in London (379-383).
  • Performance of large companies (390-393).
  • Short note: Finance leasing estimates of investment (395).
• Statistical annex: Volume 26, Number 3.