AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
15min chapter
Is The Bank of England Broken?
Many Happy Returns
Challenges and Evolution at the Bank of England
An in-depth look into the Bank of England's economic modeling process, critiquing the limitations of their software Compass and the reliance on outdated forecasting methods. Highlighting the complexity of predicting inflation expectations and the impact on economic behaviors, the chapter emphasizes the need for transparent and adaptable central bank communication. The discussion also covers recent initiatives and changes within the Bank of England, reflecting on historical shifts in policy-making independence and the evolution of central banking practices.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode