Comments by BOE economist Andy Haldane
- Concerns have picked up sharply over the past few months
- Concerns about understanding, trust and legitimacy of central banks are real
- “Forward guidance” on BOE policy is aimed at businesses and households
- It can’t be as precise as what financial markets would like
Well, nothing substantial from Haldane here as he spoke mostly about trust in central banks following the financial crisis. The full text of his speech can be found here, if you’re interested or having troubles sleeping.