BoE: output unlikely to return to trend
The Bank of England has innovated by producing its forecasts as levels of output not changes. But it is still not coming clean about how much of the loss of output in the recession is gone for good,...
View ArticleBoom-time coming, says Bank of England
The Bank of England expects a coming boom. At least that is what is implied by its economic forecasts, writes Chris Giles of the Financial Times, who has translated the charts into figures. It is much...
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Fed forecasts – November 2010
The Fed’s forecasts look pretty similar to what I wrote on Monday but there are some interesting points: First, there was barely any change at all to the 2012 growth forecasts – the range edges down a...
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