BoE’s King highlights limitations of monetary policy


The governor of the Bank of England, Mervyn King, has joined a growing chorus of central bankers expressing concern about the limitations of loose monetary policy to stimulate economic activity. King's comments follow the release of the Bank for International Settlements' annual report eariler this year, which states the ability of central banks to continue supporting economic activity is now extremely limited.

King used a speech in Cardiff to the South Wales Chamber of Commerce on October 23 to

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: