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On Thursday, the European Central Bank and the Bank of England will issue interest rate decisions.
When Mr. Frenkel was last in the job, the governor alone made interest rate decisions.
"All this amounts to a revolution in the way interest rate decisions are made in this country.
All eyes this week will be on the UK and European interest rate decisions due on Thursday.
It said that from now on it would immediately disclose how individual members voted on interest rate decisions.
He will not talk about the value of the dollar or future interest rate decisions or specific tax or budget measures.
Similar(12)
The statements talk about their interest-rate decisions and usually provide views about the economy's prospects.
And although academics quibble about individual interest-rate decisions, most applaud the MPC's overall record.
But such a drop would be "short-lived and therefore not relevant" to interest-rate decisions.
It is widely believed that the Fed's interest-rate decisions in this decade helped to inflate the housing bubble.
The pound, the chancellor, and overseas economies may affect inflation faster than the MPC's interest-rate decisions.
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CEO of Professional Science Editing for Scientists @ prosciediting.com