!['Once in a generation' review reveals why Bank of England keeps getting its forecasts wrong](https://cdn.newsserve.net/ONPglobe256.png)
'Once in a generation' review reveals why Bank of England keeps getting its forecasts wrong
Poor software and bias toward making only small, sequential changes is one of the reasons economic forecasters at the Bank of England failed to predict and prepare for the cost of living crisis, brought about by high inflation, according to a "once in a generation" review.
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