Bank of England: 'Serious deficiencies' in economy forecasts, review finds
Source: BBC
Dr Bernanke's review recommends the Bank must thoroughly update its whole framework for forecasting the economy, overhauling or scrapping its existing software, known as Compass (Central Organising Model for Projection Analysis and Scenario Simulation). BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here
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