King defends record in first live interview

king

Mervyn King, governor of the Bank of England, has defended his record at the helm of the central bank despite its many missed inflation targets and a long period of low or negative growth in the UK during his tenure.

Speaking in his first-ever live extended television interview on the UK's Channel 4 News, King explained the reason the Bank of England had allowed a long period of inflation well above its 2% target and upper tolerance level of 3% because the alternative was a sharp and painful

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: