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In a lecture in London to the Society of Business Economists to mark the tenth anniversary of the Monetary Policy Committee, Mervyn King, Governor of the Bank of England, examines the improvement in the UK’s economic performance over the past 10 years and the role played in that by the MPC.
Published on
02 May 2007
He discusses the changes in the UK economy over the past decade and considers the challenges to the MPC for the next ten years, asking what can be learnt from the experience of the first decade to help it to improve over the next. In particular he examines the role of money and credit in the MPC’s analysis of the economy and also the MPC’s communications and how they can be improved.