Monetary Policy, Data Uncertainty and the Supply-Side: Living With the Statistical Fog - Speech by Marian Bell to the Society of Business Economists

"The Monetary Policy Committee recognises that revisions are inevitable. Indeed, in so far as they bring us to a better understanding of the underlying reality, we welcome them," Bell said. "And it is incumbent on us, collectively and individually, to try and make the best decision possible each month in the light of the information available to us at the time and our interpretation of it."

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