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30th of December 2010
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News Tag: political meddling

May 28, 2010

Cameron concerned for rising inflation

by Kay Murchie
’Cameron
Prime Minister David Cameron has today said the Bank of England needs to set interest rates in order to control inflation. UK inflation rose to 3.7% in April – the highest level in 17 months and far exceeding the 2% target. The rise was boosted by food, fuel and clothing price gains. Annual food inflation reached 2.6% last month, as prices for meat, ...




May 26, 2010

Fed chairman warns of political interference

by Kay Murchie
’Fed
Ben Bernanke, the chairman of the US Federal Reserve, has emphasised the importance of central banks to be free of political meddling and to keep their independence. Mr Bernanke believes central banks throughout the world should be able to make key economic decisions about monetary policy without Government interference. His statement comes as some Governments throughout the world are trying to influence ...