Economic outlook ‘unusually uncertain’ despite ‘rapid’ vaccine rollout
Bank of England says a rebound is likely in 2021, but it still depends on the “evolution of the pandemic”. …
“The Bank of England is facing the same cross-currents. Since its previous meeting in February, most developments – notably fresh rounds of fiscal stimulus domestically and abroad – have had positive implications for the economic outlook, but downside risks and uncertainty concerning the evolution of the pandemic are still prominent.”
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