After 20 years and 82 press conferences, Sir Mervyn King yesterday delivered his last Inflation Report – the innovation he introduced to the Bank of England and arguably its most influential publication. He will appear before MPs one last time and is sure to speak publicly before his 10 year term expires at the end [...]
In his valedictory Quarterly Inflation Report, Bank of England Governor Mervyn King shone a ray of light on the British economy, saying it should grow 0.5 percent in the current quarter.
Today was unusual in two respects. The first was that it was Sir Mervyn King's last inflation report press conference, after more than 80, ahead of his retirement next month. The second was that the Bank's new forecast is slightly.....
The Bank of England fears that its top officials have been victims of a spying operation by US financial news agency Bloomberg, it emerged last night.Senior members of the Bank, including Governor Sir Mervyn King, could have been targeted...Show More Summary
Mervyn King (June 16, 2010): Monetary Policy Developments: "Monetary policy must be set in the light of the fiscal tightening over the coming years, the continuing fragility in financial markets and the state of the banking system. I know there are those who worry that too rapid a fiscal consolidation will endanger recovery. Show More Summary
You do Mervyn King a very bad service indeed, David, when you claim that he understood the economy he was dealing with as Governor of the Bank of England, and backed the Tory-Salad austerity coalition anyway. David Ignatius on AprilShow More Summary
Today at Chartwell in Kent, the former home of Sir Winston Churchill, the Governer of the Bank of England Sir Mervyn King unveiled a new £5 note featuring Sir Winston in bulldog form. The image is from a photo taken by Yousuf Karsh on 30 December 1941. Show More Summary
David Ignatius used his Washington Post column yesterday to give a glowing tribute to Mervyn King, the outgoing governor of the Bank Of England. The whole piece is a paean to King's wisdom that concludes by telling readers that King is: "the only person I’ve ever seen who could intellectually intimidate former Treasury secretary Larry Summers. Show More Summary
Governor 'dismissive' of economic meltdown and watching cricket as crisis hit, book claims One-Minute Read LAST UPDATED AT 11:05 ON Tue 9 Apr 2013 SIR MERVYN KING, outgoing governor of the Bank of England, believed Britain could "easily...Show More Summary
Ben Bernanke, Mervyn King and Jean-Claude Trichet turned central banking theory on its head in their efforts to fight the crisis, says Neil Irwin. Central bankers have become both more powerful and less independent in the process. Peace may have been preserved, but at what cost?
LSE: What should economists and policymakers learn from the financial crisis? Q&A: Mervyn King: There were many interesting comments that were made [during the presentations]. There were fascinating views about the future roles of central banks, about which I am sure many of you will have questions. Show More Summary
" We must buy government bonds " - who said it? No, it wasn't Ben Bernanke or Alan Greenspan, it wasn't Jean-Claude Trichet or his successor Mario Draghi, nor was it Mervyn King, Carney, Shirakawa, or Hildebrand. The answer, as shocking as it may sound, was... Show More Summary
By Eric Falkenstein: There's an interesting video where several of the world's most esteemed monetary experts got together to honor ex Bank of England Governor Mervyn King, and in the process acknowledged they needed a financial mechanism that affects the general economy. Show More Summary
The meeting, which was held by EU officials on Saturday morning, might turn out to be the birthplace of a new bank run and as Sir Mervyn King, Governor of Bank of England, once said it is not rational to start a bank run but rational...Show More Summary
It is irrational to start a bank run, Mervyn King once observed, but rational to join one. It remains to be seen whether the EU has irrationally started one with its expropriations in Cyprus; but there is no question that it is rational for anyone with a bank account in the Mediterranean eurozone states to [...]
Just running down to the bank - irrational not to, as Mervyn King remarked. It opens at 8.30 but it might be best to get a head start on the rest of the village. Fortunately the bank at the bottom of the hill sells gold bars. It's supposed to be for the local factories but mostly they'll be selling to to most of us today.
The UK central bank governor has decreed that sterling has fallen far enough. That’s easy to say, especially as Mervyn King is on the way out. But currencies fall when monetary policy is inflationary and capital flows freely. Words only slow the decline, or discredit the speaker.
Suggestions that the Bank of England has gone soft on inflation, including mine, appear to have hit home. Sir Mervyn King's observation that sterling has fallen far enough - which has lifted the pound - can be seen in that...
Bank of England Governor Mervyn King said that the central bank was not seeking any further fall in the level of sterling which now appeared to be fairly valued. ||| London - Bank of England Governor Mervyn King said on Thursday that the central bank was not seeking any further fall in the level of sterling which now appeared to be fairly valued. Show More Summary