14  The MPC structure is supported by a set of working practices that ensure that colleagues closest to the data and forecasting processes present their work to the MPC, and that subsequent discussions are broad-ranging and unconstrained in order to avoid groupthink or other biases.
15 This means that the analytics of our Economics and Financial Markets Departments are blended with the experience of senior staff and Committee members, achieving better results through incorporating judgement in the forecasting process. How do we create forecasts at the Reserve Bank?