In the UK, the government follows a fiscal policy rule and sets the Bank of England a monetary policy rule.

Name: In the UK, the government follows a fiscal policy rule and sets the Bank of England a monetary policy rule.
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The UK government does indeed follow a fiscal policy rule, which involves guidelines for government spending and taxation, and it sets the Bank of England a monetary policy rule, primarily targeting inflation through the setting of interest rates.

In the UK, the Government Follows a Fiscal Policy Rule