| Level | Item |
| Reference Number (click to see whole series/group) | G1/75 |
| Extent | 1 file |
| Title | GOVERNOR'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) |
| Date | 4 Jan 1957 - 27 Dec 1957 |
| Description | The Chancellor's 'memorandum of guidance' to the Capital Issues Committee (CIC) and the consequential letter from the Governor to the Banks in 1945 revised Apr and Sept 1957.
Background to changes in Bank Rate:
1957 Feb 5% Sept 7%.
Reaction/Comment by Clearing Banks to Credit squeeze 1957. Self-denying ordinance relating to competition. |
| Original Reference | S130v7 |