LONDON Bank of England Governor Mervyn King and other members of the central bank's Financial Policy Committee appeared before a British parliament committee on Tuesday to discuss their November Financial Stability Report.
(Reporting by UK bureau)
Trending On Reuters
Ready for Rate Hike
Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article