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Bank of England (BoE)

A guide for would-be MPC members

An ability to challenge convention, courage in one's convictions and a thick skin are some of the qualities essential for Monetary Policy Committee members, two external members of the Bank of England's committee have said.

MPC dove slams policy orthodoxy

David Blanchflower, an external member of the Bank of England's Monetary Policy Committee, has launched a scathing attack on monetary-policy orthodoxy, questioning inflation targeting's intellectual roots and advocating consideration of whether to use…

King moots Glass-Steagall revival

Mervyn King, the governor of the Bank of England, has called for a debate on whether the global financial crisis has shown that a Glass-Steagall type provision is needed to prevent retail deposits from being used to fund investment-banking activities.

Bank begins £150 billion money-supply boost

The Bank of England on Thursday said it would boost the money supply by up to £150 billion ($211 billion) in a bid to revive the health of Britain's ailing economy. The Bank's Monetary Policy Committee also cut rates to a fresh all-time low of 0.5%.

BoE's Tucker: end bickering over CDS clearing

Paul Tucker, the soon-to-be deputy governor responsible for financial stability at the Bank of England, has called on officials to stop feuding over plans to create a central counterparty for credit default swaps (CDS).

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