Britain baffled by Bank of England’s fuzzy forward guidance on interest rates

Just one in 25 Britons have said that they understand the purpose of the Bank of England’s flagship forward guidance policy, more than a year after governor Mark Carney introduced it. Despite the Bank’s efforts to explain the policy, a survey conducted by YouGov and Cebr has revealed that more t…

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Britain baffled by Bank of England’s fuzzy forward guidance on interest rates