The Governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the Bank, with the incumbent grooming his or her successor. The Governor of the Bank of England is also the Chairman of Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. The Governor is roughly the equivalent of the chairman of the U.S. Federal Reserve Board. The Bank of England is the central bank of the United Kingdom, sometimes known as The Old Lady of Threadneedle Street or The Old Lady. The Bank of England // Functions of the bank It performs all the recognized functions of a central bank -- to maintain price stability, and subject to... A civil servant or public servant is a civilian career public sector employee working for a government department or agency. ... The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets every month to decide the official interest rate in the United Kingdom. ... The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central bank of the United States. ...
The current Governor is Mervyn King, appointed in 2003. Mervyn Allister King (born 1948) is Governor of the Bank of England. ... 2003 is a common year starting on Wednesday of the Gregorian calendar. ...
The Governor of the Bank of England is the most senior position in the Bank of England.
The Governor of the Bank of England is also the Chairman of Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom.
The Governor is roughly the equivalent of the chairman of the U.S. Federal Reserve Board.
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