A renaissance regulator?
As if they don't have enough on their plate with
an enhanced regulatory mandate, the creative brains at the Bank
of England have also found time to devise a series of natty
postcards. The illustrations depict topics from quantitative
easing and forward guidance, to banknote security and financial
policy. And they can all be downloaded from the Bank of
England's website. The Bank is also giving teams of students
aged 16 – 18 the chance to take on the role of
Monetary Policy Committee, assessing economic conditions and
the outlook for inflation. If nothing else, it's a new solution
to regulatory short-staffing.
Big Brother comes to Wall Street...