ECB and BoE - distinguishing features

UK - Analysts often laud the speed of the Fed's response times, like the BoE's, to changes in the business climate, while they decry the supposed "slowness" and unpredictable nature of the ECB.

From

QUEST ECONOMICS DATABASE (SELECT)

BANQUE PARIBAS CONJONCTURE 31/01/2002 P14

This is due in part to the lack of 'transparency' in the ECB's decision-making process. Although the ECB has the opportunity to publicly explain its monetary strategy during press conferences, unlike the BoE and the Fed, it p