Bernanke Won’t Be Paid to Lead Review Into Bank of England Forecasting

From bnnbloomberg.ca

Former US Federal Reserve Chair Ben Bernanke won’t be paid to conduct his review into the Bank of England’s forecasting, a response to a freedom of information request revealed. Bernanke, an economist, is expected to conduct most of his work from his base in the US, the UK central bank said Tuesday in its answer to a request for information from Bloomberg. The BOE said it will pay for the cost of Bernanke’s travel to the UK where necessary, including flights, accommodation and expenses, and for a research assistant. “I will be doing many interviews online from the US, to save travel expenses and time,” ... (full story)