Eddie George
Farewell Eddie
Sir Edward George retired from the Bank of England on Monday. An article in the Financial Times looks back at his time as governor which, it says, can be looked on a successful decade which will not see him move rapidly from Who's Who to Who's He?
Deflation fears as c bankers eye global pick-up
The annual meeting of the Bank for International Settlements kicked off on Sunday 29 June with central bankers predicting a "gradual sluggish pick-up across the world moving into next year" as outgoing Bank of England Governor Sir Edward George said,…
BofE's George shrugs off fears of deflation
In an appearance before the Treasury select committee on Tuesday outgoing governor of the Bank of England Edward George said there was an "extremely" low risk of deflation in the UK and the US, acording to the Independent newspaper. He described the risk…
Wisdom, wit and gaffes from Sir Edward George
As the governor of the Bank of England prepares to leave the Old Lady an article in the Independent guides you, in its words, "through some of Sir Edward's "thoughts" and some other thoughts about Sir Edward, renowned central banker, after-dinner speaker…
BOE George, Mortgage change to help UK adopt euro
Speaking on Monday in an interview with BBC radio, the outgoing Bank of England governor Sir Edward George said he was optimistic the UK economy was entering a period of more balanced growth, and that the government should not raise taxes in the near…
The Eddie and Gordon show
Praise was liberally showered on Sir Edward George at his City swansong, the annual Lord Mayor's banquet for the square mile's great and good - Eddie's 27th in a row. Gordon Brown, Chancellor of the Exchequer, praised his integrity, steadfastness and…
Sir Edward George's Mansion House speech
In his Mansion House speech Sir Edward George, Governor of the Bank of England said that in terms of the overall macro-economy the Monetary Policy Committee framework has served us well. Annual inflation - on the present RPIX target measure - perhaps…
Change in the remit of the Bank of England's MPC
In a letter from Gordon Brown to Eddie George, governor of the Bank of England, the chancellor sets out his intention to change the MPC's remit in the next Pre-Budget Report to give the Bank of England a symmetric inflation target as measured by the…
Bush tells G8 would prefer stronger dollar
At the G8 summit on Monday 2 June, George Bush said he was committed to maintaining a strong dollar but that ultimately he wasn't the one who decides it. That job fell to Alan Greenspan, Reuters reported Mr Bush as saying.
A BIS embarrassed
Defeat for the BIS by minor shareholders was embarrassing and it has consequences for central banks with private shareholders, reports William Hall.
Greenspan' reply to Bush re Fed appointment
Statement by Federal Reserve Chairman Alan Greenspan in response to the President's comments on his term in office, 23 April.
Bush meets Fed chief to indicate priorities
Fed chairman Alan Greenspan met with George Bush earlier this week to brief the US president on the state of the US economy, according to a report in the Financial Post. The meeting came as Mr Bush prepared to ask Congress for at least US$70-billion to…
BoE's George- pound fall cuts euro entry obstacles
Sir Edward George suggested on Tuesday that the Bank of England's recent surprise cut in interest rates would be "seen as quite dangerous by the ECB". He also suggested the ECB could benefit from a technical subcommittee to make interest rate…
Greenspan and Bush in public clash
In a rare rift with Alan Greenspan, the White House has taken issue with the Federal Reserve chairman's assessment that now is not the time to boost the economy - at least not along the course George Bush has chosen.
Monetary Policy Committee or Puzzle Committee?
ARTICLE - Perhaps the Bank of England's Monetary Policy Committee should be re-named the Monetary Puzzle Committee suggests Stephen King in an article. For him the B of E's decision to reduce interest rates last week after Sir Edward George criticised…
Soros criticises EU budget rules inflation focus
Renowned U.S. financier and philanthropist George Soros criticised the euro zone's strict budget rules Monday, saying there are serious problems in the management of the common currency that must be resolved.
BIS meeting - Central bankers wary of Iraq war
Central banks need to watch the situation in Iraq closely and be prepared to act to stop any war damaging a modest world economic pickup in 2003, Bank of England Governor Sir Edward George said on Monday at a regular BIS meeting in Switzerland.
Friedman named as Bush's chief economic adviser
The White House on Thursday announced Stephen Friedman, the former chairman of Goldman Sachs, as chief economic adviser to president George W. Bush. He replaces Larry Lindsey who was a former Federal Reserve governor.
Bank of England has doubts on eurozone convergence
With the appointment of a widely seen 'eurosceptic' as the new governor of the Bank of England, the current incumbent Sir Edward George has raised doubts about Britain's economic convergence with the eurozone but stressed the comments were based on …
US Treasury secretary O'Neill resigns
President George W. Bush's economic team was in disarray on Friday after Paul O'Neill, US treasury secretary, and Lawrence Lindsey, White House economic adviser, announced their resignations.
Bank of England Press Release
PRESS RELEASE - Following the announcement that Mr Mervyn King will replace Sir Edward George as Governor of the Bank of England when he retires at the end of June 2003, Sir Edward welcomed the appointment on Wednesday.
Mervyn King named next governor of Bank of England
The announcement was made on Wednesday that Sir Edward George will be replaced by the current deputy governor for monetary policy, Mervyn King when Sir Edward steps down in June 2003.
George says public spending will prop up growth
Speaking on Tuesday the Bank of England's governor, Sir Edward George said public spending will underpin UK economic growth once consumer demand starts to wane, but any "substantial and generalised" public sector pay rises will push up inflation. He gave…
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…