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Bank of England's Carney says rates could rise sooner than expected
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DividedNation
Posts: 334 Forumite
Bank of England's Carney says rates could rise sooner than expected - Thu Jun 12, 2014 10:35pm BST
http://uk.reuters.com/article/uk-britain-boe-carney-idUKKBN0EN2C720140612
Why is such a bad forecaster still in a job?
0
Comments
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However, Carney's comments on the possible timing of an interest rate rise are the most striking. Relatively few economists had expected rates to increase until the second quarter of next year.
Carney said Britain's economy still had scope to grow without pushing up inflation, but that there was little sign yet of a slowdown in the pace of expansion that the central bank had pencilled in for the second half of the year.
Massively wrong again.0 -
DividedNation wrote: »http://uk.reuters.com/article/uk-britain-boe-carney-idUKKBN0EN2C720140612
Why is such a bad forecaster still in a job?
ask Michael Fish0
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