Bank of England Chief Economist Huw Pill said on Monday that the central bank’s shift in communications to focus on multiple scenarios rather than a single forecast makes it harder for rate-setters to reach a collective viewpoint.
Pill’s remarks chimed with those made by MPC members last week, including Megan Greene and Alan Taylor, who voted on the BoE’s main interest rate.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
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