Archive (Walters MSS)

Economy: Alan Walters diary [Discusses interest rates][released 2012]

Document type: Declassified documents
Source: Walters MSS (Churchill Archives Centre): WTRS 3/1/2
Editorial comments: Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking: Major
Word count: 88
Themes: Monetary policy

Sunday 5th September 1982

In Toronto

Eddie George - worried about J B/G [Jock Bruce Gardyne] interpretation of “no overfunding” - very rigid, and EG wanted to get ahead in view of the large amount of maturing stock in Sept Oct etc

- agreed that if I had been there no problem

Discussed interest rates - I said I would not press too hard now, but I would look towards another ½ or 1% as soon as the market gave us a little lead

[6-9 September entries blank]