Tag Archives: Governor
Central banks remain stuck in the trap
Mervyn King has mounted a defence of inflation targeting. Monetary policy, he claims, is part of the solution to the crisis, not part of the problem. This view was echoed by many official spokesmen at the recent IMF meeting in Tokyo. Christine Lagarde praised the central banks. There are quite minor…
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New entry to Bank of England governor stakes
My apologies to subscribers who – following my tip – have placed bets on Gus O’Donnell to be next Bank of England Governor (RP’s Diary 14/09/12). They might lose their money. How did I come to overlook the irresistible charms of (Lord) Terry Burns? Terry is a pukka economist who followed a respectable academic…
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GOD? We need Moses
Even before today’s job ad in The Economist, it is clear who will win the race. GOD, in the shape of Baron Augustine O’Donnell, former head of the British civil service, is set to be the next governor of the Bank of England. For a start, the job spec indicated that only superhumans need apply….
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