Economy: Alan Walters diary (economy) [PM nervous over M1 figures; difficulties at PMQs over miserable economic prospects ][released 2012]
| Document type: | Declassified documents |
|---|---|
| Source: | Walters MSS (Churchill Archives Centre): WTRS3/1/2 |
| Editorial comments: | Read other entries from this diary. View all Walters documents. The original diary can be studied here |
| Importance ranking: | Major |
| Word count: | 114 |
| Themes: | Economic policy - theory and process, Monetary policy |
Tuesday 2nd February 1982
US interest rates shot up yesterday
PM say Treasury Note and is nervous in view of M1 2½% figures - but this is still well below trend.
Markets reacting very well to US money supply figures - stlg
PS
Pym’s statement on miserable econ prospects caused PM some difficulty at Questions but she dealt with it very well.
Talk in City to IoD
PM dining with Walter Salomon
Hayek, Axel Springer + PM - a historic meeting. Walter excellent host.