Bank Of England Statistics
August 6, 2015From today the BoE is going to publish its monthly interest rate decision at the same time as the minutes of the meeting at which the decision is taken. Once a quarter when it publishes its Inflation Report, it will do so on the same day as the other two. Many have welcomed this. Some have said this approach amounts to information overload. That is absurd. All three are connected and a part of the same core issues. It is not possible to comment coherently about one, without knowing about the others. No wonder some economists talk in riddles.