Zero rates the only way out: ex-MPC members

Central bankers and global regulators must throw out the rule book on moral hazard, and act rapidly and decisively to fix the global financial meltdown, former members of the Bank of England's Monetary Policy Committee have said.

In a debate at the London School of Economics (LSE), Howard Davies, a former deputy governor at the Bank who now heads the LSE, was joined by three former external members of the committee: Willem Buiter, Charles Goodhart and Sushil Wadwhani.

All were gloomy on the

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: