BOE’s Haldane: "Forward guidance" on BOE policy is aimed at businesses and households

The Bank of England (BOE) Chief Economist Andy Haldane was on the wires last minutes, via Reuters, making a scheduled speech about the central bank communication at the Bank of Estonia's 100th anniversary conference.

Key Headlines:

Business concerns about Brexit and uncertainty have picked up sharply.

Concerns about understanding, trust and legitimacy of central banks are real.

"Forward guidance" on BOE policy is aimed at businesses and households.

It can't be as precise as what financial markets would like.