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BoE's Bell on communicating monetary policy

In a speech on 'Communicating monetary policy in practice' given on 17 May Marian Bell of the Bank of England said that in her experience the MPC is straightforward in its communications. The MPC doesn't spin, nor is it disingenuous.

There is an "inevitable tension between the expression of individual views and the expression of a clear message ..... but individual accountability is an important factor in the strength of the current framework". Bell went on to say "If I have formed one

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