David Miles: Difference between revisions
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==References== |
==References== |
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Bridlington FOR LIFE |
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Revision as of 17:23, 5 December 2011
David Miles | |
|---|---|
| Member of the Monetary Policy Committee | |
| Assumed office June 2009 | |
| Governor | Mervyn King |
| Personal details | |
| Profession | Economist |
David Miles is a British economist. He is a Visiting Professor at Imperial College London and former Chief UK Economist of Morgan Stanley (October 2004 to May 2009). He was appointed to the Bank of England's interest rate-setting Monetary Policy Committee (MPC) from June 2009 to June 2012.[1]
"As an economist he has focused on the interaction between financial markets and the wider economy."[2] In 2003 he produced a report for the Chancellor of the Exchequer to examine why the long-term fixed rate mortgage market is not as popular a product in the UK as in other countries. The report states: "A great many borrowers focus on the initial cost of debt and do not seem to consider carefully how those payments might change relative to their incomes".
Miles predicted a substantial fall in real house prices in November 2006.[3]
Miles was educated at the Ysgol Gruffydd Jones School, Bishop Gore School, Swansea, University College Oxford and the London School of Economics.[4]
References
- ^ The Guardian, 19 March 2009, Miles to replace Blanchflower on Bank of England monetary policy committee
- ^ Bank of England, Professor David Miles: Monetary Policy Committee Member, accessed 15 July 2009
- ^ BBC, 22 November 2006, House prices 'set for slowdown'
- ^ Morgan Stanley, Global Economic Forum Team
Bridlington FOR LIFE
External links
- Miles Report: Part 1
- Miles Report: Part 2
- Miles Report: Part 3
- Call for more long-term mortgages BBC News, December 9, 2003
Template:Start Monetary Policy Committee Template:Monetary Policy Committee composition June 2009-August 2009 Template:Monetary Policy Committee composition September 2009-July 2010 Template:Monetary Policy Committee composition August 2010-May 2011 Template:Monetary Policy Committee composition June 2011- Template:End Monetary Policy Committee composition
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