In conversation at MMF yesterday, a few of us were discussing what it would take to tip the MPC or similar into deliberating on, voting on, and publishing interest rate plans? With their frequent yield-curve-talking, MPC are heading towards this point [a point which their FPC colleagues already seem to have reached] but they are not there yet. A thought experiment is to imagine the appointment of a hypothetical advocate of publishing said plans.
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Agreeing a central bank communication…
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In conversation at MMF yesterday, a few of us were discussing what it would take to tip the MPC or similar into deliberating on, voting on, and publishing interest rate plans? With their frequent yield-curve-talking, MPC are heading towards this point [a point which their FPC colleagues already seem to have reached] but they are not there yet. A thought experiment is to imagine the appointment of a hypothetical advocate of publishing said plans.