Footnote:
In: Bank of England Quarterly Bulletin 2015 Q3
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 18, 2015 erstellt
Description:
Macroeconomic data releases receive considerable attention in financial market commentary, suggesting they are an important source of information that investors use to form their views about the economic outlook. This article quantifies the role played by these data releases in explaining observed changes in market interest rates in the United Kingdom. It looks at which data releases — both domestic and foreign — tend to have most effect on UK interest rates. It also examines how the importance of data releases can change over time and considers the factors that may explain changes in the sensitivity of interest rates to data news