Friday, February 03, 2017

Great, But Imports Are Still Up And The Sterling Is Crap

Bank of England revises up UK growth forecasts

LONDON — The Bank of England on Thursday revised up its growth forecasts for the British economy for the coming three years but cautioned about the inflation outlook in the wake of the pound's sharp decline since the country's vote to leave the European Union. Mark Carney, Governor of the Bank of England attends the quarterly…