The BoE lowers its already weak expectations for the U.K. economy, now predicting 2012 GDP...


The BoE lowers its already weak expectations for the U.K. economy, now predicting 2012 GDP growth of 1% vs. the 2% anticipated in August. As has been the case with the BoE for many moons, it is predicting inflation - currently at 5% - to fall back to its 2% target by 2013. "Particularly uncertain," says Gov. Mervyn King of the inflation forecast. You think?

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  • Thor99
    , contributor
    Comments (3) | Send Message
     
    Moody's downgraded 10 German lenders ...
    Let the markets fall and find their true unhindered value
    17 Nov 2011, 03:44 AM Reply Like
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