BLOOMBERG Bloomberg Go May 12, 2016
The economy is slowing ahead of the referendum. The bank of england has a tricky judgment call. It cant go too far out there politically and say what the economy would do if we were to vote against staying in the eu but it is clear the economy is slowing. The assumption is that the economy will pick up the growth it lost in the Second Quarter if the u. K. Votes to stay in the eu. Lots of headlines here. They are rate increases, are more likely than not. It may cause the pound to drop sharply. It sees inflation dropping. That is very important because as inflation is forecast to rise, the bank ...