<prompt> Hlalosa leano la lichelete la Bank of Englandnan  <response>: Instruction in English: Describe the monetary policy of the Bank of England . Response in English: The monetary policy of the Bank of England is the process by which the Bank controls the supply of money and interest rates in the UK economy. The primary goal of the Bank of Englands monetary policy is to achieve price stability, which is defined as a low and stable rate of inflation, currently set at 2 for the Consumer Prices Index CPI.The Bank of Englands Monetary Policy Committee MPC is responsible for setting monetary policy. The MPC meets eight times a year to assess the economic outlook and decide on the appropriate stance of monetary policy. The main tool the MPC uses to control inflation is the Bank Rate, which is the interest rate at which the Bank lends to financial institutions. Changes in the Bank Rate affect the cost of borrowing and the return on savings, which in turn influence spending, economic growth, and inflation.In addition to the Bank Rate, the Bank of England also uses other tools to conduct monetary policy, such as quantitative easing QE. QE is the process of creating new money electronically and using it to purchase financial assets, like government bonds, to increase the money supply and stimulate economic activity.The Bank of England also uses forward guidance to communicate its future policy intentions to the public. By providing clear and transparent information about its policy decisions and the reasoning behind them, the Bank aims to provide greater certainty to households and businesses, helping them to make informed decisions.In summary, the monetary policy of the Bank of England is aimed at achieving price stability through controlling the supply of money and interest rates, using tools such as the Bank Rate, quantitative easing, and forward guidance to influence spending, economic growth, and inflation. . Response in Sesotho: Leano la lichelete la Banka ea Engelane ke mokhoa oo Banka e laolang phepelo ea chelete le phaello ea phaello moruong oa UK. Sepheo se seholo sa leano la lichelete la Banka ea Engelane ke ho finyella botsitso ba theko, bo hlalosoang e le tekanyo e tlaase le e tsitsitseng ea theko ea lichelete, eo hona joale e behiloeng ho 2 bakeng sa Index ea Litheko tsa Bareki CPI. Komiti ea Leano la Lichelete la Banka ea Engelane MPC e ikarabella ho theha leano la lichelete. MPC e kopana ka makgetlo a robedi ka selemo ho lekola maemo a moruo le ho etsa qeto mabapi le boemo bo nepahetseng ba leano la ditjhelete. Sesebelisoa se seholo seo MPC e se sebelisang ho laola inflation ke Bank Rate, e leng sekhahla sa tsoala seo Banka e alimang mekhatlo ea lichelete ka sona. Liphetoho ho Sekhahla sa Banka li ama litšenyehelo tsa ho alima le ho khutlela ho lipolokelo, e leng tsona tse susumetsang tšebeliso ea chelete, kholo ea moruo le ho phahama ha litheko. Ho phaella ho Banka Rate, Banka ea Engelane e boetse e sebelisa lisebelisoa tse ling ho tsamaisa leano la lichelete, tse kang quantitative easing QE. QE ke mokhoa oa ho theha chelete e ncha ka mokhoa oa elektroniki le ho e sebelisa ho reka thepa ea lichelete, joalo ka libonto tsa mmuso, ho eketsa phepelo ea chelete le ho khothaletsa tšebetso ea moruo. Banka ea Engelane e boetse e sebelisa tataiso ea pele ho tsebisa sechaba merero ea eona ea leano la kamoso. Ka ho fana ka tlhaiso-leseling e hlakileng le e hlakileng mabapi le liqeto tsa maano a eona le mabaka a tsona, Banka e ikemiselitse ho fana ka bonnete bo boholo ho malapa le likhoebo, ho ba thusa ho etsa liqeto tse nang le tsebo. Ka kakaretso, leano la lichelete la Banka ea Engelane le reretsoe ho finyella botsitso ba theko ka ho laola phepelo ea chelete le phaello ea phaello, ho sebelisa lisebelisoa tse kang Bank Rate, quantitative easing, le tataiso ea pele ho susumetsa tšebeliso ea chelete, kholo ea moruo le theko ea lichelete. . 