In a prominent full-page advertisement in the latest issue of The Economist magazine the Bank calls for applications from experts in a wide range of areas, from monetary theory to country risk analysis. It offers successful candidates "an unrivalled opportunity to influence the monetary policy debate".
The search for new talent reflects the change in the Bank's activities. Although it lost its banking supervision arm, it gained sole responsibility for hitting the inflation target set by the Chancellor, putting a new premium on the quality of its inflation forecasting.
The trouble is that the UK suffers from a shortage of highly trained economists. Unlike their US, Italian and Spanish counterparts, British universities produce relatively few graduates with higher degrees. Those who do gain Master's degrees or doctorates are more often tempted by the larger salaries they can command in investment banking.
Mr Brown himself opted to appoint two foreign-born economists to the Bank of England's Monetary Policy Committee - Willem Buiter and DeAnne Julius - although both are long-standing UK residents.
The Government Economic Service, which provides economists to Whitehall departments including the Treasury, has had difficulty in recruiting enough suitably qualified candidates.
Its new recruits are usually taken fresh from their first degrees and given further training, but many later succumb to the lure of City banks eager to hire people with some policy experience.
The Bank, which operates a separate recruitment scheme, is looking for economists with at least a Master's degree, or analysts from the financial markets for its financial stability wing.Reuse content