Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Bank of England is midway through Bernanke Review response, Lombardelli says

    Published by Global Banking and Finance Review

    Posted on April 24, 2025

    Featured image for article about Finance

    WASHINGTON (Reuters) -The Bank of England is midway through its work in responding to a major review of its forecasting and communication processes, Deputy Governor Clare Lombardelli said on Thursday.

    The review, published a year ago and authored by former U.S. Federal Reserve Chair Ben Bernanke, recommended sweeping changes to the BoE's communications and analytical capabilities.

    "We are midway through this process," Lombardelli told a panel in Washington hosted by the Peterson Institute for International Economics, a U.S. think tank, on the sidelines of the International Monetary Fund's spring meetings.

    The BoE has already started to introduce economic scenarios as a way of showing how policy would operate an increasingly uncertain world.

    Lombardelli said the BoE was keen not to cloud the picture by "creating lightning rods of focus for particular examples", and avoid the risk that offering scenarios might in itself add to uncertainty.

    How best to communicate uncertainty was now at the forefront of the BoE's thinking, she said, adding that other disciplines such as healthcare during the COVID-19 pandemic offered lessons for the central bank.

    (Reporting by William Schomberg in Washington, Writing by Andy Bruce)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe