Simulated scenario
Bank of England, 5 November: hold or raise
Win a 5 November decision with no more than three dissents and one agreed guidance paragraph. A simulation, not a prediction.
Your seat Governor chairing the Monetary Policy Committee
The situation
Bank Rate is 3.75 percent, and at the September meeting three of the nine members voted to raise it to 4 percent. Inflation is above 3 percent, and on Thursday 5 November the Committee announces its decision with a new Monetary Policy Report. You chair the final pre-vote meeting. One external member will vote to raise again unless the guidance hardens. Another external member says households are already squeezed and a rise would hit growth. An internal member who watches markets wants no surprise for traders. The internal member who owns the forecast will sign nothing without it attached. You win when the Committee backs one decision with a vote split no worse than 6-3 and a guidance paragraph all four can live with. Each turn you say one thing. The table moves on what you say; reach the…
Who is at the table
- External Member for a Riseopposed
- External Member for Growthleans against
- Internal Member Watching Marketsleans against
- Internal Member Who Owns the Forecastleans against
What the simulation expects
No read yet for this simulation.
This is the simulation’s read, not a forecast that it is right.
How scoring works
You have 8 turns. You win by bringing the table to at least 70% support. Your points come from how much of the table you bring around, with each person counted by how much their view carries. Each turn you say one thing. The table moves on what you say; reach 70% to win. Every turn is re-checked from the moves you made, so the score can be reproduced.
A limited number of turns are free. After that, each turn costs credits. The game shows what you have left before you spend anything.
Top ten
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