Carney rejects accusations of ‘cognitive bias’ at BoE

Mark Carney
Mark Carney: “We don’t have a bias”
Bank of England

Mark Carney sought to defend the Bank of England from accusations of political bias and forecasting errors during an appearance at the UK parliament’s House of Lords on January 30.

Several members of the Economic Affairs Committee accused the BoE of suffering from “cognitive bias” against Brexit, which, they suggested, led policymakers to produce overly pessimistic estimates of the impact of the 2016 vote in favour of leaving the European Union.

The BoE governor denied the lords’ claims. “We

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: