The bank has set hares running by forecasting actual growth of the UK economy in 2023, while most other forecasters are more downbeat.
- Senior Lecturer in Economics, University of Surrey
Explaining why it can be so difficult to pinpoint whether or not an economy is in recession.
Normally investors view the future as more uncertain than the present. When that turns on its head, it’s often a bad omen.
The Bank of England is weighing up the costs of a change.
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