Bernanke Review: How the former Fed boss could shake up the Bank of England
Publishing timestamp: 2024-04-10 05:26:06
Summary
The Bank of England will publish a review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its monetary policymaking. The review will focus on how the Bank communicates uncertainty around its central forecasts during external shocks and its conditioning path for interest rates. Recommendations may include using scenario-based analysis, changing the conditioning path for interest rates, and streamlining communication. The review will not immediately impact policy decisions, as implementation will be led by the incoming Deputy Governor in July.
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Keywords: economy, deutsche bank ag, central banking, goldman sachs group inc, business news, breaking news: economy,