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LevelItem
Reference Number (click to see whole series/group)G1/71
Extent1 file
TitleGOVERNOR'S FILE: FINANCIAL AND MONETARY POLICY - BACKGROUND PAPERS TO EXCHANGES OF VIEWS PRINCIPALLY AT GOVERNOR, CHANCELLOR, AND CLEARING BANK CHAIRMAN LEVEL, WITH BANK AND TREASURY (HMT)
Date2 Jan 1951 - 31 Dec 1951
DescriptionThe Chancellor's 'memorandum of guidance' to the Capital Issues Committee (CIC) and the consequential letter from the Governor to the Banks in 1945 revised in Apr and Dec 1951. Introduction of new interest rate policy (use of Bank rate) and supporting measures, 1951.
Background to changes in Bank Rate:
1951 Nov 2½%.
Original ReferenceS130v3

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