| Description | Includes, note summarising the main issues over the next 2 to 3 years; note on background policy issues; suggestion from Dow to form a small group to gather together their thoughts on the fundamental problems with monetary policy and fundamental questions about economic policy that the Bank needs to think about; summaries of discussions of this group, topics included: the future of monetary targets, monetary and economic strategy, monetary - and economic - policy; discussion on issues of general economic policy (includes reference to public investment out of a 'North Sea Fund'; briefing notes for the Governor on some new directions for policy (ahead of a meeting with the Chancellor); notes of meetings on economic policy held by the Deputy Governor; historic background note comparing current economic policy with that of the early 1970s; copy of note prepared by Terry Burns (HM Treasury) for the Chancellor on economic policy. |