BoE unveils monetary policy shocks database
Data reveals change in markets’ focus since introduction of “Super Thursdays”
The Bank of England launched a new database on monetary policy shocks on November 10, helping researchers reveal changes in the impact of decisions.
Similar data is available for the US and eurozone, but has until now been missing for the UK. Data is available back to 1997, when the then-government gave the BoE independence in making monetary policy decisions.
Among other things, the data shows the effects of a major change to the BoE’s communications in 2015. Economists Robin Braun, Silvia
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