28 January 2016 The Blind leading the Blind What is the point of forward guidance? by Frank O’Nomics When should we expect UK interest rates to rise? For many years economist have examined the fan charts of inflation forecasts in the Bank of England Inflation Report for clues as to the likely timing of a… Continue reading Issue 38: 2016 01 21: The Blind leading the Blind (Frank O’Nomics)
Tag: forward guidance
Issue 28:2015 11 12: Missed opportunities
12 November 2015 Missed opportunities by Frank O’Nomics The Governor of the Bank of England, Mark Carney, has been pilloried by some as being Mr Flip-Flop regarding UK interest rates. Having prepared the City for a rate rise via so-called “forward guidance”, the latest Bank of England Inflation Report suggests that rates could remain on… Continue reading Issue 28:2015 11 12: Missed opportunities