Wednesday, May 15, 2013

Now where have I heard this before?

Bank of England upgrades economic growth forecasts

The Bank of England has upgraded its economic growth forecast and said that inflation should fall faster than previously predicted. In his last inflation report as the Bank's governor, Sir Mervyn King said inflation should drop to its target of 2% within two years.

Posted by little professor @ 10:55 PM (1663 views)
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5 thoughts on “Now where have I heard this before?

  • The best irony is often unintentional. Don’t you think?

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  • The best irony is often unintentional. Don’t you think?

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  • mark wadsworth says:

    Every three months or so for the last five or six years?

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  • Lars Bussholm says:

    Sir Mervyn added that we could then all fly on the back of a giant albatross to fairy dairy land, where they have lemonade springs and cigarette trees. But, he later admitted that then he awoke and looked around him, at the cold grey land that surrounded him, and yes, he was only dreaming.

    “But so what”, he said, “who cares? I’ve got my pension, and it’s Fred Carno’s problem now. The best of British to him, I’d say!”.

    (with apologies to the various songwriters)

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  • @Mark Wadsworth

    Who else has been make making dodgy economic predictions for the last five or six years?

    @Flashman

    Cruel.

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