Andrew G. "Andy" Haldane (born on 18 August 1967) is the Chief Economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England.
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If global real interest rates are persistently lower, central banks may then need to think imaginatively about how to deal on a more durable basis with the technological constraint imposed by the zero lower bound on interest rates, that may require a rethink, a fairly fundamental one, of a number of current central bank practices.
– Andy Haldane
Found on Reuters2 years ago
Official statistics tend to be lagging and tend to be revised. And what the scraping of the web can do is give us a better today read on what’s going on, it can give us a more timely understanding of whether the fortunes of the economy are turning up or turning down.
Found on FOX News2 years ago
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