Carney’s Not Sorry About Brexit Forecasts as Next Round Unveiled
- Bank of England to publish new outlook on Thursday in London
- Economists expect predictions for stronger growth, inflation
Mark Carney speaks at the Innovate Finance Global Summit in London, on April 29.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
The Bank of England got its Brexit forecasts wrong, according to lawmakers and pundits. Mark Carney would beg to differ.
Members of Parliament have repeatedly declared that the BOE apologized for saying before the referendum three years ago that the U.K. might slip into recession. Brexit backers see that as evidence that warnings about future damage from the divorce from the European Union are hysterical.