BoE downgrades 2021 GDP forecasts, upgrades 2022

<p>In BoE&#8217;s economic projections, based on assumption of constant interest rate at 0.1%, GDP is seen as growing 5% in 2021 (revised down from November forecast of 7.25%), 7.25% in 2022 (revised up from 6.25%), and 1.25% in 2023 (revised down from 1.75%. Unemployment rate was forecast to be at 6.5% in 2021 (revised down [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/358056-boe-downgrades-2021-gdp-forecasts-upgraded-2022/">BoE downgrades 2021 GDP forecasts, upgrades 2022</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>