Bank of England Press Release

PRESS RELEASE - Modelling and Forecasting at the Bank of England - The Pagan Report and the Bank's Response, 30 January.

The Bank is today publishing a report by Professor Adrian Pagan on the statistical and economic modelling and forecasting work carried out by the staff of the Bank for the Monetary Policy Committee (MPC), along with the Bank's response to the Report.

The Bank's Court invited Professor Pagan to undertake a review and evaluate whether the Bank's modelling and forecasting work is

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