Trusted News Discovery Since 2008
{{/content}}
'Once in a generation' review reveals why Bank of England keeps getting its forecasts wrong
Credit: Sky News- Published on April 12, 2024
Poor software and bias toward making only small, sequential changes is one of the reasons economic forecasters at the Bank of England failed to predict and prepare for the cost of living crisis, brought about by high inflation, according to a "once in a generation" review.
You are here
💡 newsR Knowledge: Other News Mentions
Bank of England
Central bank of the United Kingdom
Slowly does it.
1 day ago • Sky News
Financial market participants are increasingly of the opinion the US central bank will impose a bigger than expected interest rate cut this week, with the Bank..
5 days ago • Sky News