| Description | Includes: notes of meetings between the Bank, Chancellor and Treasury (HMT) officials on monetary policy; correspondence between John Major (Chancellor) later Norman Lamont and Robin Leigh-Pemberton (Governor) and George Blunden (Deputy Governor), on monetary issues; interpretations of monetary conditions; notes on monetary prospects; Channel Islands subsidiaries; independent taxation; note of a Bank meeting, held by the Governor to discuss the course of monetary policy; interest rates; four Bank notes sent to the Treasury on: the Netherlands monetary cash reserve, a freeze in lending, reserve requirements as a monetary instrument and minimum repayment terms for credit cards; M4, Wealth and M4 lending; Mervyn King's review of Sterling in Danger by Alan Walters; Bank note by Ian Plenderleith on future issues in the markets area; a number of papers on the monetary debate, started at Court's informal discussion in July 1990; the effects of the oil price and exchange rate rise on output and inflation; a Bank paper for the BIS autumn meeting, on the orientation of monetary policy and the monetary policy decsion making process with comments on it; authority to lend; note on a sunday Express article on 18 November regarding the announcement of EMS entry and an interest rate reduction; note for the governor's meeting with the Chancellor 30 November 1990; note of a conversation between Paul Tucker and John Gieve ahead of a markets meeting on 12 December 1990; briefing and speaking notes for the Governor's meeting with the Prime Minister 20 December 1990. |