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Bernanke to Review BOE Forecasting
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Central Bank Policy Shifts
Fed Officials Cautious on Defeating Infl...
Fed Officials Cautiously Optimistic Abou...
BOE's Greene on UK Rate Impact
Bank of England's Money Supply Advice
BoE's Monetary Policy Direction
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Former US Federal Reserve Chairman Ben Bernanke is appointed to review the Bank of England's forecasting methods, aiming to address criticism for failing to predict and control soaring inflation. Bernanke's review is expected to begin this summer and report back next spring, with the aim of strengthening the Bank's support for the Monetary Policy Committee's approach to forecasting and monetary policy making in times of uncertainty.
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How do central banks' understanding of forecasting challenges affect their decision-making?
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