Archive

1982 Feb 1 - 1983 Oct 10
Prime Ministerial Private Office files

PREM19/998
Economic policy (Domestic monetary policy) (Part 10)

Document type: File list item
Source: TNA, PREM19 series
Release date: 2013 Aug 1
Classification: Secret
Page count: 272
Any docs withheld?

PREM19/998 - download whole file (PDF, 48.7 MB)

Selections from this file

Showing items 21 - 40 of 48

Per page:
Date Valuesort descending Title
83 Jan 11 Tu Major Monetary Policy: Chancellor of the Exchequer telegram to MT (“The Exchange Rate and Interest Rates”) [sterling falling sharply, Barclays forcing rise in rates] [declassified 2013]
82 Dec 7 Tu Major Monetary Policy: Walters minute to No.10 (“Exchange Rate and the Markets”) [market believes government has exchange rate target] [declassified 2013]
82 Nov 11 Th Major Monetary Policy: Walters minute to MT (“Monetary Policy and Interest Rates”) [McMahon & Wass want large & quick cut] [declassified 2013]
82 Oct 29 Fr Major Monetary Policy: Walters minute to MT (“Monetary Aggregates: Provisional Figures”) [October figures high but consistent with policy] [declassified 2013]
82 Oct 21 Th Major Monetary Policy: Walters minute to MT (“Funding and Interest Rates”) [conversion success; be careful about reducing rates] [declassified 2013]
82 Oct 18 Mo Major Monetary Policy: Walters minute to MT (“Funding and Conversion”) [Bank's successful conversion operations] [declassified 2013]
82 Oct 13 We Major Monetary Policy: Walters minute to MT (“Conversion of the National Debt”) [tentative step towards] [declassified 2013]
82 Oct 11 Mo Major Monetary Policy: Walters minute to MT (“Interest Rates”) [room for further rate cut of half or one percent, though it will reinforce perceptions that HMG has exchange rate target] [declassified 2013]
82 Sep 14 Tu Major Monetary Policy: Walters minute to MT (“Interest Rates and Monetary Policy”) [look for further rate cuts when opportunity offers] [declassified 2013]
82 Aug 9 Mo Major Monetary Policy: Chancellor of the Exchequer minute to MT (Monetary policy: Current situation and future prospects) [aim to "maintain steady downward momentum of … rates"] [declassified 2013]
82 Jul 26 Mo Major Monetary Policy: Walter Goldsmith letter to MT (The Institute of Directors’s press release on Government’s reflation policy) [business against reflation] [declassified 2013]
82 Jul 21 We Major Monetary Policy: Walters minute to MT (“Funding”) [new taps, national saving certificates] [declassified 2013]
82 Jul 19 Mo Major Monetary Policy: Walters minute to MT (“Funding and Interest Rates”) [half point cut soon, resist temptation to overfund] [declassified 2013]
82 Jul 6 Tu Major Monetary Policy: Walters minute to MT (“Interest Rates”) ['imperative' to continue reducing rates; tightness of money, high effective exchange rate] [declassified 2013]
82 Jun 17 Th Major Monetary Policy: Walters minute to MT (“Funding and the Monetary Aggregates”) [new strategy agreed yesterday - not to overfund; "a great step forward"] [declassified 2013]
82 Jun 16 We Major Monetary Policy: Chancellor's PS letter to No.10 (recent developments on financial markets) [rates eased down only after Falklands landing; scope for half percent more] [declassified 2013]
82 Jun 15 Tu Major Monetary Policy: Walters minute to MT (“Interest Rates”) [further half point cut agreed between Treasury & Bank] [declassified 2013]
82 May 20 Th Major Monetary Policy: Chancellor's PS letter to No.10 (assesses financial markets and prospects for interest rates) ["no move on interest rates can be countenanced while the Falklands dispute continues"] [declassified 2013]
82 May 19 We Major Monetary Policy: Walters minute to No.10 (“Interest Rates”) [urges half point reduction; Bank against, Treasury less so] [declassified 2013]
82 Mar 10 We Major Monetary Policy: Walters minute to MT (“The Gilt Market and the Budget”) [Bank proved wrong in its claim indexed gilts would hit price for conventional gilts; interest rate cut imminent] classified 2013]