Level | Item |
Reference Number (click to see whole series/group) | C42/1 |
Extent | 1 file |
Title | CHIEF CASHIER'S PERSONAL FILES: INTEREST RATES |
Date | 14 Jun 1945 - 11 Oct 1951 |
Description | End-war Bank Rate and interest rate review, leading to reduction in Treasury Bill (TB) and TDR rates and bank deposits rates. Cheap money policy. Interest rate review and proposed change in money market technique in 1949. Selective credit policy. Savings for investment. 1950 rate review, leading to recommendation to increase Bank Rate. Per Jacobsson/Niemeyer letter on cheap money. William Maurice Allen on direct credit controls. |
Keyword | base rate |