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 National Bank of Romania interrumpion between December 1999 and December 2000, when he served as Prime Minister. During his premiership the office was held ad interim by Eugen Ghizari. The Council of Administration of the National Bank of Romania is composed by 9 members appointed by the Parliament of Romania, for a five-year term. The current Council of Administration of the National Bank of Romania was appointed by the Decision No. 35/9 October 2009 of the Parliament of Romania: Governor of the National Bank of Romania The Governor of the National Bank of Romania ("Guvernatorul Băncii Naționale a României") is the head of the