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Better Forecasts Not Enough for Carney in Brexit's Shadow

  • BOE is seen raising growth, inflation forecasts for 2017
  • Policy makers may signal medium-term price pressure unchanged
Updated on

For Mark Carney, better won’t be good enough.

The Bank of England governor, overseeing an economy recording solid expansion and accelerating inflation, will probably raise near term projections for both this week, according to economists. At the same time, he may highlight potential longer-term threats from Brexit that may damp any speculation about tighter policy.