Bank of England First-Quarter Slump Thesis Tested This Week
- Factory output, inflation and wage reports to be published
- BOE is judging whether the economy is strong enough for a hike
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The Bank of England getting some crucial economic numbers to assess -- if it believes them.
Governor Mark Carney and other officials have disputed official figures showing a near stagnation at the start of the year. But that’s created tension with their pronouncements that investors should focus on the economic data to understand how the central bank will set monetary policy.