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Bernanke says it's "not a slam dunk" whether the BOE should publish a rate path

BOE

On whether the BOE should make rate projections. Bernanke says it's "not a slam dunk" decision. He says that compared to the Scandi central banks there is a bigger Committee (9 members instead of Scandi 5/6 members).

He says there can also be disadvantages as sometimes the Bank may not want to give forward guidance.

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On whether the BOE should make rate projections. Bernanke says it's "not a slam dunk" decision. He says that compared to the Scandi central banks there is a bigger Committee (9 members instead of Scandi 5/6 members).

He says there can also be disadvantages as sometimes the Bank may not want to give forward guidance.

Keep reading...Show less