Former Fed Chair Bernanke suggests Bank of England considers publishing interest-rate projections, indicating a potential change in communication.
Former Fed Chair Bernanke says the Bank of England is showing interest in publishing its own interest-rate projections, indicating a possible major change in communication. Bernanke offered to help with any policy review and stated there is a lot of interest within the bank in implementing changes, including rate projections discussion. His recommendations were made after the BOE faced criticism for its forecasting and messaging.
May 15, 2024
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