Eddie George
'Greenspan stirs a tempest' - John Berry
"Mr Greenspan sauntered up to the Hill and wasn't bashful about putting the Fed smack in the middle of the most controversial issue of the day", complained Senator Byron L. Dorgan of North Dakota. Whatever the wisdom of Greenspan's support for big…
Treasury's O'Neill courts Wall Street on tax cuts
U.S. Treasury Secretary Paul O'Neill courted Wall Street support on Feb 7, 2001 for President George W. Bush's $1.6 trillion tax cut plan, saying huge budget surpluses left ample room to give taxpayers a break. Bush is due to propose the cuts on Feb. 8…
Goodhart: George should control inflation forecast
The governor of the Bank of England should take full control of the Inflation Report - the central bank's flagship economic forecast - to avoid confusion arising from the disparate input from the nine members of the Monetary Policy Committee, London…
Bush says will no longer comment on Fed
President George W. Bush said on Jan. 30, 2001, he had learned his lesson and will no longer comment on actions on short-term U.S. interest rates taken by the Federal Reserve. With the powerful central bank expected this week to cut borrowing costs by a…
UK's MPC voted 5-4 to leave rates steady in Jan
Britain's central bank was split almost down the middle over whether to cut interest rates this month, with five of the nine members voting to leave rates steady at 6.0 percent while four wanted to lower borrowing costs. The Bank of England's chief…
U.S. slowdown to hit Britain-BoE's George
Bank of England governor Eddie George has warned that fallout from an economic slowdown in the United States will affect Britain in 2001 but will not bring a "nightmare scenario", the BBC said on Dec. 29, 2000.
Fed policy shift stirs debate on economic policy
The Federal Reserve's warning on Tuesday that the economy was rapidly losing steam stirs the pot in a simmering debate between the Clinton administration and President-elect George W. Bush's team about whether a new prescription for growth is needed.
Economists agree-Bush should befriend Greenspan
This article by Jacob M. Schlesinger from the Wall Street Journal says that the new US president, George W Bush, should learn to cultivating the US Federal Reserve chairman Alan Greenspan.
Ten commandments for supervising mega-firms
If supervisors are to contain the risks posed by global financial conglomerates,urgent changes are needed. George J. Vojta, former vice-chairman of BankersTrust, proposes ten principles for supervising systemically important financialinstitutions.
Euro too weak for Britain - BoE's governor
Governor of the Bank of England Sir Edward George said Sunday that Britain cannot afford to contemplate joining the euro until it strengthens.
Open Society: Reforming Global Capitalism - Soros
Although the markets remain obsessed with his investment strategies, George Soros says his energies over much of the past decade have been focused elsewhere. Over the past four years, his charitable foundations have spent something like $2 billion in…
Bank of England warns on tax cuts
The Bank of England, the UK central bank, has warned that it is premature to rule out further interest rate rises and threatened an immediate response if the government makes big pre-election tax cuts.
BOE: Joining euro means return to tax and spend
Sir Eddie George, the governor of the Bank of England, said that the government would have to rely more on taxation and spending policy to control the economy if Britain joined the euro.
Probe begins at Bank into declining staff morale
The governing court of the Bank of England has ordered an investigation into falling morale at the Bank, following the introduction of a controversial new benefits package for staff.
MP's criticised by BoE Governor
Bank of England Governor Eddie George has criticised MP's for being too aggressive when they select new members of the monetary policy committee. George thinks that MP's tactics could put-off good candidates from accepting a post with the MPC.
Slow integration of European equity markets
Sir Eddie George, Governor of the Bank of England, said to UK parliamentarians that European equity market integration will take time.
George says euro is substantially undervalued
Bank of England governor Eddie George said in a speech in Paris on Tuesday that the euro is substantially undervalued in terms of the medium-term 'fundamentals'.