Skip to main content

Eroding trust in data leaves policymakers in a bind

In recent months there has been a growing number of question marks over the accuracy of key economic data. As a result, it’s more important than usual to not put too much weight on any one indicator and instead consider all the data in the round. It also means policymakers are more likely to tread carefully and it adds to the incentive for the Bank of England to keep interest rates on hold at 5.25% at the policy meeting on Thursday.  

We'll be discussing the latest Fed, ECB and Bank of England policy decisions in a Drop-In at 3pm GMT on Thursday 2nd November. (Register here.)

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access