This report provides a comprehensive analysis of the Bank of England's monetary policy since the Global Financial Crisis (GFC). It examines the effectiveness of various monetary policy tools, including interest rate adjustments and quantitative easing (QE), in achieving inflation targets and promoting economic stability. The report delves into the roles of monetarists and Keynesians in shaping monetary policy, evaluating the impact of interest rate policies on asset bubbles, and assessing the effectiveness of QE in stabilizing prices. It also explores the role of banks in managing liquidity, ensuring steady monetary growth, and maintaining capital adequacy. The analysis covers the challenges faced by the UK economy post-GFC, including the impact of global debt, new technologies, and the focus on domestic markets by banks. The report concludes with an evaluation of the Bank of England's success in achieving its inflation target and promoting economic growth. This report is a valuable resource for students seeking to understand the complexities of monetary policy and its impact on the UK economy.