King laments growing problems in global economy
The governor of the Bank of England, Mervyn King, today (June 26) expressed his growing consternation about the global economic picture in a Treasury Select Committee meeting that also saw him challenged over the decision-making process for a new funding scheme for banks.
Of the world economy, King said the "worsening position in Asia and other emerging markets," and growing concerns from "colleagues in the US" about the economy there had left him "pessimistic" about the successful resolution of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Initiative of the year: the Netherlands Bank’s ChatDNB
- Central Banking Awards 2024: fourth round announced
- Payments and market infrastructure development: Federal Reserve Systems’ FedNow