Bank of England Rational Expectations Hypothesis as promulgated by Walters The handing over of monetary policy to the Bank had been a key plank of the Liberal Democrats' economic policy since the 1992 general election. Conservative MP Nicholas Budgen had also proposed this as a private member's bill in 1996, but the bill failed as it had the support of neither the government nor the opposition. Mark Carney assumed the post of Governor of the Bank of England on 1 July 2013. He succeeded Mervyn King, who took over on 30 June 2003. Carney, a Canadian, will serve an initial five-year term rather
Governor of the Central Bank of Malaysia (4) of the Central Bank of Malaysia Act 2009 stated that the term of office typically runs for 5 years for the Governor and 3 years for the Deputy Governor, both eligible for reappointment. The 9th and current Governor is Nor Shamsiah Mohd Yunus, who took over from Muhammad Ibrahim on 1 July 2018. Governor of the Central Bank of Malaysia The Governor of the Central Bank of Malaysia is the chief executive of Malaysia's central bank and the "ex-officio" chairperson of its Central Board of Directors. Malaysian ringgit currency notes, issued by the Central Bank of Malaysia (BNM), bear