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Published on 12 December 2005By Rachel Reeves of the Bank’s Structural Economic Analysis Division and Michael Sawicki of the Bank’s External Monetary Policy Committee Unit.Communication by the Bank of England’s Monetary Policy Committee (MPC) can convey information to market participants about the economic and policy outlook. In an inflation-targeting framework, clear communication by the central bank has an important role in explaining interest rate decisions and in helping to anchor inflation expectations. This article explores how financial markets react to different forms of communication by the MPC. The article finds that markets react to collective forms of communication such as the MPC Minutes and Inflation Report. But reactions to what might be called individual forms of communication - speeches and testimony to parliamentary committees - are more difficult to discern. Compared with a similar study for the United States, the results for the United Kingdom are less pronounced. . . '
I wonder why she had to change her Linked In profile to 'Working in Accounts' then...?
Quote from: Barman on November 22, 2024, 03:17:01 PMI wonder why she had to change her Linked In profile to 'Working in Accounts' then...? She didn't have to and she didn't change her profile for the time at the Bank of England where despite much gammon sourced invective she clearly was an economist. She revised it for the HBOS time.
Quote from: Steve on November 22, 2024, 03:38:30 PMQuote from: Barman on November 22, 2024, 03:17:01 PMI wonder why she had to change her Linked In profile to 'Working in Accounts' then...? She didn't have to and she didn't change her profile for the time at the Bank of England where despite much gammon sourced invective she clearly was an economist. She revised it for the HBOS time.Cos she was working in Customer Complaints...?
Quote from: Barman on November 22, 2024, 03:59:34 PMQuote from: Steve on November 22, 2024, 03:38:30 PMQuote from: Barman on November 22, 2024, 03:17:01 PMI wonder why she had to change her Linked In profile to 'Working in Accounts' then...? She didn't have to and she didn't change her profile for the time at the Bank of England where despite much gammon sourced invective she clearly was an economist. She revised it for the HBOS time.Cos she was working in Customer Complaints...? Why not deal with the evidenced fact that she clearly was a Bank of England economist? Awkward though that fact is for some.
Quote from: Steve on November 22, 2024, 04:39:48 PMQuote from: Barman on November 22, 2024, 03:59:34 PMQuote from: Steve on November 22, 2024, 03:38:30 PMQuote from: Barman on November 22, 2024, 03:17:01 PMI wonder why she had to change her Linked In profile to 'Working in Accounts' then...? She didn't have to and she didn't change her profile for the time at the Bank of England where despite much gammon sourced invective she clearly was an economist. She revised it for the HBOS time.Cos she was working in Customer Complaints...? Why not deal with the evidenced fact that she clearly was a Bank of England economist? Awkward though that fact is for some.I suspect there is more information to come out on this... Why did she got from BoE 'Economist' to HBOS Complaints Department for instance...? Rachel in Accounts... Fun times!