Mervyn King
Bank of England's Walton dies unexpectedly
David Walton, a member of the Bank of England's Monetary Policy Committee, died unexpectedly on Wednesday night after a short illness, the Bank said in a statement released on Thursday 22 June. Mr Walton was 43.
BoE's King on monetary policy
In a speech given on 12 June Mervyn King of the Bank of England said global interest rates may have been too low and "too accommodative" for too long, fanning inflation which is now feeding into the U.K. economy.
Launch of BoE's new framework
The Bank of England launched its new framework for the implementation of monetary policy to modernise sterling money markets on Thursday 18 May.
Bank of England Inflation Report, May 2006
The Bank of England published its May 2006 Inflation Report on 10 May. In remarks following the publication of the report, Mervyn King said the Monetary Policy Committee 'remains ready to take whatever action is necessary in order to keep inflation on…
When 364 economists were wrong
Paul Brione looks back at controversy surrounding the 1981 budget – famously opposed by 364 economists, including a certain Mervyn King.
Bank of England appoints Chief Legal Adviser
The Bank of England announced on Thursday 27 April that Dame Juliet Wheldon has been appointed Chief Legal Adviser and Adviser to the Governor.
Free trade is king, says BoE chief
Bank of England Governor Mervyn King said on Thursday 27 April that resisting protectionism is the key to prosperity.
BoE's King sees near-term rise in inflation
Speaking before the Treasury Select Committee on Tuesday 28 March, Bank of England governor Mervyn King said that CPI inflation will likely rise above the 2 pct target over the short term.
Preliminary report on security of banknote storage
Sir John Gieve, Deputy Governor of the Bank of England, on Friday 10 March delivered to Mervyn King, the Governor, his confidential preliminary report on the security of banknote storage.
Monetary policy: a journey from theory to practice
The European Central Bank is holding a colloquium in honour of Otmar Issing in Frankfurt am Main, 16 - 17 March 2006. Contributors include Mervyn King, Donald Kohn, Lars Svensson and Allan Meltzer.
Sir John Gieve to head BoE security review
The review of the security of banknote storage which the Bank of England announced on Wednesday 22 February will be headed by Sir John Gieve, Deputy Governor of the Bank.
BoE's King on reform of the IMF
In the speech 'Reform of the International Monetary Fund' given on 20 February Mervyn King of the Bank of England said the IMF urgently needs to reassess its purpose and needs more focus, independence and legitimacy.
BoE leaves rates unchanged
The Bank of England left interest rates unchanged at 4.5% following its two-day monetary policy meeting. The bank's Monetary Policy Committee (MPC) last cut rates in August 2005, when policy rates were reduced by 0.25%.
BoE's Lambert 'admired' King's rate decision
In the speech 'Central bank communications: Best practices in advanced economies' given on 23 January Richard Lambert of the Bank of England, a former editor of the Financial Times, highlighted the likely change in communication at the Federal Reserve,…
G30 calls for more regulation of reinsurers
Coordinated international regulation of the reinsurance industry is needed despite the fact that the industry poses few risks to the financial system. This was the message of a report by the Group of 30 (G30) launched on Monday 23 January at the Bank of…
BoE's King on the UK economy
In a speech given on 16 January Mervyn King of the Bank of England said the fall in long-term interest rates was one of the three key "signposts" for central banks - the others being the fall in manufactured goods prices and the surge in oil costs.
Central bankers are not magicians says BoE's King
Bank of England governor Mervyn King said in an interview with a Swedish newspaper published on Wednesday 14 December that central bankers cannot do magic tricks and politicians shouldn't make comments about the monetary policy of independent central…
Mervyn the weatherman
Does Mervyn King prefer isobars to interest rates? In an appearance before the Treasury Committee on Thursday 24 November, the governor of the Bank of England revealed his interest in one of the few professions which can compete with economists on the…
BoE interest rate challenge gets under way
The sixth annual Bank of England (BoE)/Times Target Two Point Zero Interest Rate Challenge commences on 21 November. The competition asks nearly one thousand school and college students to decide what the UK's official interest rate should be to keep…
Comment: Activism the ECB way
Yesterday, 9 November, Jean-Claude Trichet explained how the ECB's decision to leave interest rates unchanged for more than two years should not be equated to non-activist monetary policy.
King seeks vengeance for 12-year siege
The governor of the Bank of England, Mervyn King, left no one in any doubt that he wanted vengeance against those who had pursued the Bank and 22 of its staff for 12 years, this article published Thursday 3 November notes.
BCCI liquidators drop 'hopeless' court case
The case brought by the liquidators of the Bank of Credit and Commerce International against the Bank of England and 22 of its present and former staff collapsed on Wednesday 2 November when all the allegations were unconditionally withdrawn at the High…
Comment: The Old Lady prevails
Deloitte, the liquidators of the Bank of Credit and Commerce International (BCCI), yesterday unconditionally withdrew all allegations of malfeasance on the part of the Bank of England and 22 of its present and former staff members related to the BCCI's…
Central bankers welcome Fed nominee
Following Ben Bernanke's nomination to succeed Alan Greenspan as chairman of the Federal Reserve, central bankers were out in force this week to welcome the move.