Key to good monetary policy is judgement - King

- Central Banking staff
- 06 Jan 2004

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In a speech 'The Institutions of Monetary Policy - The Ely Lecture 2004' given on 4 January Mervyn King of the Bank of England sets out some key theoretical questions lying behind current approaches to monetary policy, and in particular, the nature of monetary institutions.

The Ely Lecture is one of the centrepieces of the Annual Meetings of the American Economic Association. The Lecture is named after Richard T Ely, one of the founder members of the American Economic Association, founded in 1888

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