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Carney: One Mission. One Bank. Promoting the good of the people of the United Kingdom.
It is a great honour to be invited to give the 29th Mais Lecture. This lecture series has charted the evolution of UK macroeconomic policy through the eyes of leading policymakers, including my four predecessors as Governor. The Mais Lectures span a period during which the focus of macroeconomic management was firmly on monetary policy. They helped establish a broad consensus for the primacy of price stability as well as the institutional framework necessary to deliver it. This focus initially made sense since one of the greatest challenges for macroeconomic policy in the late 1970s and 1980s was the fight against ... (full story)
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