Where finance and media intersect with reality

The BoE’s great commodity curve forecast fiasco

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Hot off the presses from the UK’s ONS on Wednesday: The Consumer Prices Index (CPI) rose by 9.0% in the 12 months to April 2022, up from 7.0% in March. I hope team transitory is taking note. So what does this sorry state of affairs tell us about the Bank of England’s ability to forecast […]


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