Angus Armstrong, Francesco Caselli, Jagjit Chadha, Wouter den Haan, 17 March 2015

Following the Warsh Review, the Bank of England plans to release its policy decisions, ‘enhanced’ meeting minutes and (once a quarter) the Inflation Report all at the same time. This column, which reports the views of the leading UK-based macroeconomists, reveals substantial support for the idea of simultaneously providing the different Monetary Policy Committee (MPC) documents. In order to make this possible, the Bank plans to change the structure of its MPC meetings. When the proposed change in the structure is taken into account, the panel is split on the desirability of the Bank's plans.

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