Bernanke Says BOE Has Shown Interest in Idea of Rate Projections
- Former Fed Chair offers to help with any review into rate path
- He says he would be ‘disappointed’ if BOE did not review idea
Ben Bernanke
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Ben Bernanke said there is growing interest within the Bank of England over publishing its own interest-rate projections, one of the strongest signals yet that the central bank is mulling a major communications shake-up.
The former Federal Reserve chair said on Wednesday he would be “disappointed” if the BOE did not consider releasing a preferred path for rates and offered to help with any review of the policy.