Archive (Walters MSS)

Economy: Alan Walters diary [cut in US discount rate - should be able to hang on][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: Minor
Word count: 57
Themes: Monetary policy

Tuesday 14th December 1982

Cut in US discount rate by ½% to 8½% will help stg [sterling] and our interest rates - we should be able to hang on until the end of the year

Gilts shoot up by 1½ - 2 - Interest rates in money mkt ease but not much

3.00 BA 616 to Zurich