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Bank, England, Mark, Carney, HS2

Governor of the Bank of England to give evidence

10 March 2015

Image of UK Parliament portcullis

The House of Lords Economic Affairs Committee will take evidence from Dr Mark Carney in its annual evidence session with the Governor of the Bank of England.

Witnesses

At 2.30pm on Tuesday 10 March in Committee Room 1 of the Palace of Westminster.

  • Dr Mark Carney, Governor of the Bank of England

Areas of questioning

Whether new capital rules will affect the amount banks are willing or able to lend.

  • What differentiates good deflation and bad deflation?
  • The credibility of the target inflation rate of 2%, which the Bank has rarely come close to meeting since the financial crisis.
  • How effective quantitative easing has been in boosting the UK economy in practice
  • The possible impact on the UK economy of further economic uncertainty in the Eurozone and of the low value of the euro against the pound.
  • Banking culture – are banks now too big to manage?
  • Why productivity in the UK has been weak since the financial crisis and what makes the Bank believe it will return to its historic rate of growth by 2016.
  • When the Financial Policy Committee might exercise proposed powers to place limits on residential mortgage lending.
  • Accounting standards and the role of auditors.

Further information