Re:Bank of England expects UK to fall into longest ever rece...
by c7b on Thursday November 03, 2022 @06:54PM
(#33459098)
> One of the responsibilities of central banks is to carefully control messaging
That might be exactly what they're doing. The article says that their forward guidance for interest rate hikes is substantially below market expectations. Maybe they are hoping that a bit of gloomy talking will do some the work of slowing down price dynamics, reducing the need for them to take more drastic measures.
That might be exactly what they're doing. The article says that their forward guidance for interest rate hikes is substantially below market expectations. Maybe they are hoping that a bit of gloomy talking will do some the work of slowing down price dynamics, reducing the need for them to take more drastic measures.