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Bank of England policymakers worry about shift from collective forecast
The Bank of England's shift in communications to focus on multiple scenarios and individual Monetary Policy Committee members' opinions risks discouraging them from trying to reach a collective viewpoint, MPC member Megan Greene said. In April, the BoE suspended publishing a single central forecast for the economy in favour of three separate scenarios and last year began including individual MPC members' own explanation of their votes in policy minutes. [...]