"Bernanke Urges Bank of England to Overhaul Economic Model and Improve Inflation Forecasting"
TL;DR Summary
Former Federal Reserve Chairman Ben Bernanke has advised the Bank of England to overhaul its main economic model, suggesting that the current framework may not be suitable for the post-pandemic world. Bernanke emphasized the importance of adapting economic models to changing circumstances and incorporating lessons learned from the global financial crisis.
- Ben Bernanke says BoE must revamp main economic model Financial Times
- Bank of England to scrap outdated inflation forecasting model in major overhaul after Fed boss’ review CNBC
- Bank of England: 'Serious deficiencies' in economy forecasts, review finds BBC.com
- Bernanke Urges BOE to Give Market Clearer Guidance on Rates Yahoo Finance
- Do better: Bernanke gets strict with Bank of England over handling of inflation crisis The Guardian
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
0 min
vs 1 min read
Condensed
54%
112 → 51 words
Want the full story? Read the original article
Read on Financial Times