Governor Sir Mervyn King and his successor Mark Carney have agreed to the remit, he added.
Ben Bernanke and his British counterpart, Mervyn King, might be heroes to some.
Mervyn King also said the Bank expected inflation to remain high over the next year.
Sir Mervyn King made clear, again, today that his answer to that question was no.
That was one clear message from Sir Mervyn King's forceful remarks on the euro crisis today.
He and partner David Gourlay lost 9-7 8-8 to Kelvin Kerkow and Mervyn King.
Mervyn King told business leaders in Leeds he was concerned about rising unemployment and falling house prices.
Mr. MERVYN KING (Bank of England): We face a difficult balancing act in the course of 2008.
Governor Mervyn King also said the Bank was ready to tolerate higher inflation to support the economy.
When Sir Mervyn King spoke of the "zig-zag" pattern we could expect in 2012, he wasn't wrong.
And Mervyn King is still right to say that the central bank, alone, cannot fix the crisis.
But Mervyn King, the Bank's deputy governor, said that house-price inflation appeared to have passed its peak.
ECONOMIST: The Bank of England yanks down its growth forecast
Fordham will play Mervyn King in the final after he beat Tony O'Shea 5-1 in the other semi-final.
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But England's Mervyn King saw his hopes disappear with a 21-7 defeat against South African Robert John Donnelly.
Also in the top 10 is Bank of England governor Sir Mervyn King.
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The main reason for this, suggests Mervyn King, the Bank's chief economist, is that exporters have cut their margins.
For all his gloom about the global situation, yesterday Sir Mervyn King said the answer to that question was yes.
The Bank of England's announcement on Thursday came in response to the worsening economic outlook, governor Sir Mervyn King said.
Bank of England governor Sir Mervyn King has previously warned that the economy will continue to "zig zag" this year.
The turmoil in the eurozone crisis prompted an extraordinary intervention from the Governor of the Bank of England, Mervyn King.
Fed Chairman Ben Bernanke seems to have borrowed a page from Mervyn King, Governor of the Bank of England.
The governor of the Bank of England, Sir Mervyn King, has dubbed this "the worst crisis since World War II".
Meanwhile, Mervyn King proved too strong for Dennis Smith, booking his place in the last eight with a 4-1 win.
Mervyn King, the Bank of England's governor, who has taken flak previously for being too hard-line, seems to have learned something.
You can expect Sir Mervyn King to admit this basic reality in his speech at the Mansion House later on Thursday.
The Bank and the People's Bank of China are close to signing a three-year currency swap arrangement, governor Sir Mervyn King said.
Sir Mervyn King told the Treasury Committee the Bank of England is "not confident" enough in ratings agencies to trust their judgments.
Perhaps John Vickers, the Bank's newly installed chief economist, agreed with his hawkish predecessor Mervyn King, who still sits on the committee.
Though only a modest step it is an important one, as Mervyn King, governor of the Bank of England, underlined this week.
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