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
Bank of Jamaica a former deputy governor, has been named as the new Governor of the Bank, effective December 1, 2009. Until then, Audrey Anderson, senior deputy governor, is in charge of the Bank. The most recent Governor of the Bank of Jamaica was Derick Milton Latibeaudiere who took up that post on 1 April 1996 and who resigned on October 30, 2009. Bank of Jamaica The Bank of Jamaica is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 and was opened on May 1, 1961. It is responsible for the monetary policy