The Bank of England has named Ben Bernanke, a former chair of the Federal Reserve, to review its economic forecasting record in one of the first steps by a leading central bank to understand how to improve forecasting
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/articles/bernanke-tapped-to-find-out-why-u-k-central-bank-misjudged-inflation-99f357eaReview is one of the first steps by a leading central bank to understand how to improve forecastingCore inflation is rising in the U.K. while falling in other big economies like the U.S. WSJ’s Anna Hirtenstein explains why, and how it affects Prime Minister Rishi Sunak’s goal of halving inflation by the end of 2023.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NatWest Bank CEO ousted after furor over politician Nigel Farage’s bank accountThe chief executive of NatWest, one of Britain's biggest banks, left her job on Wednesday after discussing personal details of a client -- the populist politician Nigel Farage -- with a journalist.
Read more »
NYC straphangers have tapped into subways via OMNY 1 billion timesThe MTA announced on Wednesday that customers have tapped into the system using the OMNY fare payment system more than 1 billion times.
Read more »
General tapped for Space Command chief declines to endorse diversity policiesThe three-star general nominated to head the U.S. Space Command declined to endorse the Biden administration's diversity, equity and inclusion (DEI) policies in the military at a Senate hearing on Wednesday.
Read more »
Financial Services chair pushes back on bank criticism of stablecoin billHouse Financial Services Committee Chair Patrick McHenry pushed back against criticism from bankers of stablecoin legislation he’s helped draft in a letter to the influential American Bankers Association last week.
Read more »
Suspended Nigerian central bank governor denies firearm chargesScuffles broke out at a court in Lagos between state security officers and prison officials as Nigeria's suspended central bank governor, Godwin Emefiele, denied two charges of illegally possessing a firearm and ammunition
Read more »
Bank of Italy innovation hub supports research into security tokens on secondary marketsThe Bank of Italy’s Milano Hub innovation center will support a project to develop decentralized finance options for institutional investors.
Read more »