G-7 Finance Ministers meet at Treasury Department in Washington
British Central Bank Governor Mervyn King poses for a photograph at the Treasury Department in Washington on October 19, 2007. (UPI Photo/Alexis C. Glenn)
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PARIS, Jan. 9 (UPI) -- Perhaps the most portentous result of the financial crisis has been the way central banks have taken extraordinary and unprecedented measures to maintain credit and liquidity.
LONDON, Aug. 10 (UPI) -- Bank of England Gov. Mervyn King said Wednesday public and private debt is a mounting barrier to economic growth, which has already turned sluggish.
LONDON, March 5 (UPI) -- Bank of England Gov. Mervyn King has chastised British banks for chasing a quick profit at the expense of their customers.
LONDON, Feb. 10 (UPI) -- The British economy will take longer to recover and inflation should peak at 3.5 percent early in 2010, Bank of England officials said Wednesday.
The politics behind the economic reforms took a trans-Atlantic twist with a key British banker Tuesday tipping his hat to the U.S. president.
LONDON, Jan. 26 (UPI) -- Bank of England Gov. Mervyn King said Tuesday he does not favor assessing a so-called Tobin Tax on bank transactions.
LONDON, Aug. 19 (UPI) -- Bank of England policy makers were split in a decision to increase the ceiling of a qualitative easing program, meeting minutes released Wednesday show.
LONDON, Feb. 26 (UPI) -- Bank of England Gov. Mervyn King said the size of Britain's debt had limited the size of the economic stimulus the government could provide.
LONDON, Jan. 21 (UPI) -- Bank of England Gov. Mervyn King said the bank might resort to buying bonds from financial firms and the Treasury to restore lending and combat deflation.
LONDON, Nov. 25 (UPI) -- Bank of England Gov. Mervyn King said Tuesday the central bank may need to cut rates to stimulate the country's sluggish lending.
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