Central banks should personalise communications – BoE’s Haldane

Andrew Haldane
Bank of England

The Bank of England’s chief economist has said it is time for central banks to take a more personal approach when it comes to explaining the distributional impacts of monetary policy, proposing a system of “scorecards”.

Speaking today (April 10), Andy Haldane acknowledged the general public has taken a greater interest in how monetary policy affects GDP growth following the financial crisis.

“Interest in these issues has sometimes spilt over into sharp criticism of central banks’ actions,” he

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