Bank of England faces fresh embarrassment as tears up its forecasts | Larry Elliott
by Larry Elliott from Economics | The Guardian on (#2B6PK)
Mark Carney and colleagues have been taken by surprise by the economy's strong performance despite the Brexit vote
The Bank of England's inflation report was supposed to be a dull affair. The City thought the quarterly health check of the UK economy would be a bit of a yawn.
Big misjudgment, as it happens.
Related: Bank of England sharply raises UK growth forecast
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