Bank of England is top of the targetters

The Bank of England has the best inflation report, (the document all inflation-targetting central banks publish), a study entitled "How do central banks write?", out Tuesday claims. CentralBankNet reports from the press conference in London.

While this is a laudable achievement in its own right, a better inflation report means better monetary policy the study also claims, as the quality of the report is correlated with policy predictability.

Speaking to an audience in London one of the authors