Archive

1988 Jan 9 - 1988 Jun 24
Prime Ministerial Private Office files

PREM19/2086
Economic Policy (Domestic monetary policy) (Part 18)

Document type: File list item
Source: TNA, PREM19 series
Release date: 2016 Jul 21
Classification: Secret
Page count: 397
Any docs withheld?

PREM19/2086 - download whole file (PDF, 278.17 MB)

Selections from this file

Showing items 1 - 20 of 30

Per page:
Date Value Titlesort ascending
88 Jun 1 We Major Monetary Policy: Treasury minute ("The Reserves in May 1988") [$676 rise in the reserves, $814m underlying] [declassified Jul 2016]
88 Mar 30 We Major Monetary Policy: Treasury minute ("Monthly Monetary Assessment: March 1988") [indicators suggest a strong economy] [declassified Jul 2016]
88 Feb 5 Fr Major Monetary Policy: Treasury minute ("Monthly Monetary Assessment: January 1988") [indicators have been more mixed] [declassified Jul 2016]
88 May 6 Fr Major Monetary Policy: Treasury minute ("Monthly Monetary Assessment: April 1988") [moderation in growth of economic activity] [declassified Jul 2016]
88 Mar 10 Th Major Monetary Policy: Treasury minute ("Money Supply in February: 'First Guess' for M3 and Outturn for M0") [low outturn for M3] [declassified Jul 2016]
88 Mar 31 Th Major Monetary Policy: Paul Gray note to MT (Financial Times) [proposed article by Alan Walters; MT concerned at scope] [declassified Jul 2016]
88 Feb 12 Fr Major Monetary Policy: Paul Gray minute to MT ("Valuation of the Reserves") [Treasury notes following MT requests after talking with Walters] [declassified Jul 2016]
88 Jun 17 Fr Major Monetary Policy: Paul Gray minute to MT ("The Markets and Interest Rates") [Lawson wants 0.5 per cent increase later next week] [declassified Jul 2016]
88 May 13 Fr Major Monetary Policy: Paul Gray minute to MT ("Markets") [strong upward pressure on sterling; Lawson favours 0.5 percent cut in rates, Gray and Griffiths oppose it; doubtful prospects for further intervention] [declassified Jul 2016]
88 Jan 11 Mo Major Monetary Policy: Paul Gray minute to MT ("Market Report: 11 January") [MT: "Acquiring MORE DOLLARS?!"] [declassified Jul 2016]
88 Jan 9 Sa Minor Monetary Policy: Paul Gray minute to Lawson PS (Bundesbank profits) [request for comment on Financial Times report] [declassified Jul 2016]
88 Jun 2 Th Major Monetary Policy: No.10 record of conversation (MT-Chancellor of the Exchequer) [Lawson proposed immediate 0.5 per cent increase in interest rates and MT agreed; possible further 0.5 per cent discussed] [declassified Jul 2016]
88 Feb 1 Mo Key Monetary Policy: No.10 record of conversation (MT-Chancellor of the Exchequer) [Lawson proposed 0.5 per cent interest rate increase; MT agreed, subject to no intervention to check rise in sterling above 3DM] [declassified Jul 2016]
88 Mar 17 Th Major Monetary Policy: No.10 record of conversation (MT, Lawson) ["Interest Rates" - MT agreed Lawson proposal of 0.5 per cent cut at 0945] [declassified Jul 2016]
88 Mar 25 Fr Key Monetary Policy: No.10 conversation record (MT-Chancellor of the Exchequer-Governor of the Bank of England) ["Exchange Rate Policy"] [declassified Dec 2016]
88 Jun 24 Fr Key Monetary Policy: No.10 conversation record (MT-Chancellor of the Exchequer) [market handling in light of bad trade figures; possible increase in interest rates; Lawson agreed need for "a period of significant tightening of policy", rates at 10 percent or higher] [declassified Jul 2016]
88 Jan 4 Mo Key Monetary Policy: No.10 conversation record (MT-Chancellor of the Exchequer) [decision to 'uncap' the pound from Monday] [declassified Jul 2016]
88 Mar 4 Fr Key Monetary Policy: No.10 conversation record (MT-Chancellor of the Exchequer) ["Market Management" - Lawson accepts that rate should be allowed to move above DM3 on Monday if sterling still under upwards pressure] [declassified Dec 2016]
88 Jun 1 We Major Monetary Policy: Nigel Wicks minute to MT ("Markets") [pound has moved downwards; Lawson will urge 0.5 per cent rate rise tomorrow; "looks right"; MT agreeing] [declassified Jul 2016]
88 Jun 13 Mo Major Monetary Policy: Nigel Lawson letter to Lord Young ("Report on the Stock Market Fall") [no case for publication, would seem "a somewhat feeble and very belated response to October's events"] [declassified Jul 2016]