Lets not get carried away
b'Friday 7th May 2021The Bank of England has upped its forecasts for the growth of the UK economy this year \\u2013 from 5 percent a few months ago, up to 7.25 percent. The recovery is booming, it seems, but let\\u2019s not get carried away, said BoE Governor Andrew Bailey. NAB\\u2019s David de Garis looks at the implications of the new forecast on their policy decisions moving forward. The RBA has also been in the spotlight, with Guy Debelle talking in Perth last night and suggesting that inflation forecasts were of less interest to the bank than the inflation that was actually being experienced. Tonight non-farms payrolls will be the focus in the US, where the economy is also bouncing back and jobs will be part of it, but just how quickly?
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