Mervyn King
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Mervyn King on Financial Policy Committee: 'Degree of learning by doing'

The Bank of England's new Financial Policy Committee (FPC) will hold its first quarterly meeting on Thursday.

Its job is to take action if it decides that banks and other financial institutions are taking too much risk.

Bank of England Governor Mervyn King described his expectations of the new body during the Mansion House speech.

  • 15 Jun 2011
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