'Why not just tell them?' Let's be clear on rates - BoE's Vlieghe
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LONDON (Reuters) - The Bank of England should follow the lead of other central banks and say explicitly what it thinks it will do to interest rates in order to make itself more transparent, according to one of the British central bank's top officials.Gertjan Vlieghe said the BoE's current approach posed "a complex reverse-engineering problem" for anyone trying to understand its views on rates, and Brexit had "amplified some of the difficulties we always face in communicating effectively".Around..