Shafik calls for candidness on uncertainty in her final speech
Outgoing Bank of England deputy says central banks must do more than just increase transparency
Central banks still have some work to do in shaping how they convey uncertainty to the public, Minouche Shafik said in her final speech as deputy governor of the Bank of England (BoE).
Shafik used her valedictory address, delivered to the Oxford Union on February 22, to examine how "experts" such as central banks can rebuild trust, particularly in the wake of a bruising referendum campaign in 2016. At the time, Brexit campaigners said the public had "had enough of experts", including the BoE and
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