Bank of England scraps outdated inflation forecasting model in major overhaul after Fed boss' review – CNBC
Exterior of the Bank of England in London, UK. Mike Kemp | In Photo | Getty Images Bailey told CNBC that comparing and contrasting the U.S. policy perspective with that of his own country was “invaluable.” “This is a once-in-a-generation opportunity to update our forecasts and ensure they are fit for a more uncertain world,” […]