What the BoE can learn from the Federal Reserve

In a "Letter to the Editor" in the Financial Times, Blair Baker says what the Bank of England can learn from the Federal Reserve, following Don Kohn's report on the problems with the BoE inflation forecast.

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Sir, The non-executive directors of the Bank of England are to be lauded for commissioning Donald L. Kohn, the Federal Reserve board's director of the division of monetary affairs, to prepare a report that highlights the difficulty of

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