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Ex-Fed chair Ben Bernanke finds 'significant shortcomings' in Bank of England's economic forecasting

By Economic Times - 8 months ago
Though noting that all central banks have had problems over the past few years as a result of a series of economic shocks, notably the coronavirus pandemic and the cost-of-living crisis heightened by Russia's invasion of Ukraine, Bernanke said the Bank of England's issues were made worse by out-of-date software that had not been properly maintained.

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