The Governor of the Bank of England, Sir Mervyn King, will face questions about the economic outlook from the House of Lords Economic Affairs Committee on Tuesday 27 March.
The Committee is expected to question the Governor on issues including:
- Whether the Bank’s inflation-fighting credibility has been damaged by inflation remaining above the 2% target;
- Quantitative easing and its impact on annuities and pension funds;
- The problems with accounting standards for banks; and
- Whether banks have paid attention to the call from the interim Financial Policy Committee to limit bonuses and dividends.
Also answering to the Committee on Tuesday will be the Executive Director for Markets, Mr Paul Fisher, and an External Monetary Policy Committee Member Dr Ben Broadbent.
The evidence session will start at 3.30pm, Tuesday 27 March in Committee Room 1 of the House of Lords and can be viewed at www.parliamentlive.tv.