Today news
About the same in other media
Bank of England commits to economic forecasting overhaul following Bernanke review
Reading now: 697
In a 86-page document published today (12 April), Bernanke urged the Bank to modernise its «out of date» forecasting infrastructure as a high priority and consider supplementing its central economic forecast with so-called ‘alternative scenarios'. The former central banker also called on the BoE to either scrap or revamp COMPASS, the Bank's baseline economic model, in which he found «significant shortcomings». He also argued for the elimination of the Bank of England's fan charts, which he said suffer from «significant» analytical weaknesses, and have «outlived their usefulness». B...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
JPMorgan bankers are wondering who else might follow Vis Raghavan to Citi efinancialcareers.com /8 months ago
Are banks closed today on April 13 for weekend? Check details here livemint.com /8 months ago
Ben Bernanke urges Bank of England to upgrade 'out of date' forecasting infrastructure investmentweek.co.uk /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
