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Home / East Midlands / Financial Services / Bank of England upgrades economic forecast

Bank of England upgrades economic forecast

Financial Services / News |
September 15 2016
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The Bank of England now believes the UK economy will perform better for the rest of 2016 than it feared it would in the aftermath of the Brexit vote. Its Monetary Policy Committee (MPC) expects "less of a slowing in UK GDP growth in the second half of 2016" than a month ago. Economic indicators, such as inflation and PMI data, "have been somewhat stronger than expected", the Bank said.

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