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🖥️ The stunning shortcomings holding back the Bank of England: “Out of date” IT systems one of several critical flaws exposed in review https://t.co/wn5MyfCWyG
🇬🇧 UK takes another step on path out of recession as GDP rises https://t.co/WXaTIZBIZj
“Forecasting for monetary policy making and communication at the Bank of England: a review” by Ben Bernanke via @BankofEngland https://t.co/VZ9MQX7wKf
Former Federal Reserve chief Ben Bernanke is set to outline reforms for the Bank of England, highlighting serious deficiencies in the central bank's economic forecasting model. The UK economy shows signs of growth, with the Bank of England urged to revamp its outdated inflation forecasting model following Bernanke's review.