Mervyn King

George moves to allay fears on public finances

Edward George agrees with Mervyn King that the UK housing market is set for a dramatic slowdown in price rises. He joins the stability and growth pact debate effectively criticising it by raising concerns about spending cuts and tax increases when the…

CentralBankNet Monday Special Feature

SPECIAL FEATURE - Mervyn King caused a stir last week saying "I have no wish to go into the pulpit" and lecture people about house prices. But with UK property values at dangerously high levels and the catastrophic consequences for the UK economy if, in…

Article on Christopher Allsopp's speech

ARTICLE - The article 'Why deflation may yet destabilise the monetary policy regime' by Stephen King in the Independent newspaper on Monday looks at a recent speech by Bank of England MPC member Christopher Allsopp.

Back from a King's vault, the lone double eagle

FEATURE - It is a $20 gold piece from 1933 that was ordered destroyed by President Franklin D. Roosevelt. Stolen from the United States Mint, it was exported for a king after the government committed the bumble of all bumbles, was contested in an…

BoE King - UK recession unlikely, more growth seen

UK - A recession in Britain is not the most likely result of the current global economic slowdown and the country should enjoy continued growth, albeit at a slower pace, Bank of England Deputy Governor Mervyn King said on Thursday 22 November in a speech.

Mervyn King at the Cardiff Business School, Wales

SPEECH - The Deputy Governor of the Bank of England Mervyn King spoke at Cardiff University on 18 June. He suggested that growing imbalances in the UK economy risk sharp swings in inflation and growth and an uncontrollable fall in sterling.

BoE's George says may have to pen inflation letter

Bank of England Governor Sir Edward George said on Feb 17, 2001 it was possible inflation in Britain would stray a full point away from its target, meaning he would have to write to the government explaining why. UK inflation currently stands at its…

Interview: Charles Goodhart

In a wide-ranging interview, Professor Charles Goodhart gives his views on the main challenges facing central banks today: output gap forecasting and productivity shifts, and the role of asset prices and the exchange rate in monetary policy. He also…

Bank of England expects growth to slow in Q2 2001

The United Kingdom's annual growth rate will drop to around 2% in the second half of 2001, the Bank of England projected, even as unemployment data showed the number of jobless Britons fell far more than expected in January 2001. In its first quarterly…

BoE's forecast confirms loosening stance

The Bank of England's February 2001 inflation report confirmed marketexpectations that UK interest rates were likely to head down over thecourse of 2001. Mervyn King, deputy governor for monetary stability, who presented thereport despite a bout of flu,…

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.

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