Bank of England: ‘Serious deficiencies’ in financial system forecasts, overview finds | EUROtoday

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Dr Bernanke’s overview recommends the Bank should totally replace its entire framework for forecasting the financial system, overhauling or scrapping its present software program, referred to as Compass (Central Organising Model for Projection Analysis and Scenario Simulation).

https://www.bbc.co.uk/news/business-68797651