There has been a run of stronger data from the UK economy over recent weeks. This has encouraged a great deal of media commentary, heralding the arrival of a more sustained expansion, and seemingly raising expectations of UK GDP growth across the board – including at the Bank of England.
… Read the articleMonth: August 2013
Should we care about forward guidance?
The optimism surrounding Mark Carney in the first few months of his governorhip has been like the hope that greets a new exotic foreign signing at a football club. We are not too sure who he his, but surely he must be good right?
And the general reception to the announcement… Read the article