Bank of England jacks up growth forecast for 2017 – Brexit 1,  Fear 0 – Others Will Follow

Bank of England jacks up growth forecast for 2017 – Feb. 2, 2017

“The Bank of England upgraded its growth expectations for 2017 on Thursday, offering a much rosier view of Britain’s economic prospects than the doom and gloom forecasts it produced in the wake of the Brexit vote.

 The central bank now expects growth to hold steady at 2% this year, the same rate of expansion posted in 2016. It represents a major upgrade from the bank’s August estimate of 0.8% growth and the 1.4% forecast it made in November.”
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