Blogs

Did the Bank of England’s Forward Guidance work?, Chunomics

Did the Bank of England’s Forward Guidance work?

Around half of businesses understood Forward Guidance. But only 23% of households apparently took on board the Bank’s central message that rates would remain low for longer.

By | Chunomics, Eagle Eye | Wednesday, 12 February 2014 at 2:01 pm

The Bank of England shows us what we could have won, Chunomics

The Bank of England shows us what we could have won

Like Jim Bowen The Old Lady of Threadneedle Street is showing us what would have happened if the financial markets had taken its “lower for longer” message on interest rates more fully to heart.

By | Chunomics, Eagle Eye | Friday, 22 November 2013 at 2:03 pm

Counterfactuals won’t help the Bank this time, Chunomics

Counterfactuals won’t help the Bank this time

If Threadneedle Street thought traders’ expectation of rate rises were “not warranted” in July it’s going to be tricky for the Bank to label expectations of an even more rapid rise warranted now.

By | Chunomics, Eagle Eye | Tuesday, 10 September 2013 at 11:22 am

Most viewed

Property search
Browse by area

Latest from Independent journalists on Twitter