Why the Bank of England needs to stop over-sharing

'We are used to the comments of central bankers moving markets'

clock • 4 min read

Laith Khalaf shares his thoughts on a recent performance of the 'Bailey-Pill double act'...

Imagine the CEO of a publicly listed FTSE 100 company decided to give an interview to a national newspaper, in which he announced for the first time his company may have to be a bit more aggressive on cost-cutting to achieve its targets. Not a particularly bright idea to disseminate this information outside the comfortable guardrails of the LSE's Regulatory News Service, you might think. But imagine further, that the chief financial officer of this company gave a speech at an accountancy industry event the following day, saying how important it is to fend off the risk of cutting costs...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Why the Bank of England needs to stop over-sharing

Why the Bank of England needs to stop over-sharing

'We are used to the comments of central bankers moving markets'

Laith Khalaf
clock 17 October 2024 • 4 min read
Confidence in second BoE rate cut soars as inflation falls below 2% for first time since 2021

Confidence in second BoE rate cut soars as inflation falls below 2% for first time since 2021

Analysts argue conditions 'appear ripe' for a rate cut in November

Cristian Angeloni
clock 16 October 2024 • 2 min read
Looming rate cuts will be 'catalyst for investment shifts'

Looming rate cuts will be 'catalyst for investment shifts'

'A rate reduction means an improvement to the economic situation'

Julia Khandoshko
clock 30 September 2024 • 4 min read