Visit to SWMF Exeter by Bank of England Chief Economist, Spencer Dale
Spencer Dale, accompanied by Kevin Butler, Bank of England agent for the South West undertook a visit to South West Metal Finishing in Exeter on Friday 25th September 2009 to gain a deeper understanding of how real business is fairing in the current economic climate in the South West.
Spencer Dale is Executive Director and Chief Economist at the Bank of England, having been appointed to this position on 1 July 2008.
In addition to his membership of the Monetary Policy Committee, Spencer is responsible for the Monetary Analysis & Statistics Divisions of the Bank.
Spencer joined the Bank of England in 1989. He was appointed Private Secretary to Mervyn King in 1997, following several years working as an Economist/Senior Economist on a variety of monetary policy and financial market issues. He then served as Head of Monetary Assessment and Strategy Division (1999-2000) and of Conjunctural Assessment and Projections Division (2000-2006). Between 2006 and July 2008, Spencer was on secondment from the Bank of England, working as a visiting Senior Adviser in the Division of Monetary Affairs at the Board of Governors of the Federal Reserve System. He has published numerous research papers in academic journals and central bank publications on issues relating to monetary policy strategy, central bank communications, and financial markets
A varied discussion took place centering around what impact government or Bank of England actions have had during that recession , what particular concerns we have and how the actions of our local banks are affecting us.
|
