Central Banks
Speech by David Clementi of the Bank of England
SPEECH - Speech by David Clementi, Deputy Governor of the Bank of England at the FT World Gold Conference, Intercontinental Hotel, London on Monday 14 June 1999.
Interbank rates fall as year-end passes
Pressure on the banking industry eased slightly on Wednesday with spreads between money market and central banks' benchmark interest rates narrowing as the end-of-year liquidity panic passed. The falls indicate that the central banks' efforts to…