From the BBC:
The Bank of England has cut its growth forecast to close to pffft from about meh predicted in May, as the damn-and-blast. The quarterly inflation report indicated no tee hee hee for 2012, compared with yadda yadda predicted a year ago.
The data had fuelled anticipation for ahem, but Governor Sir Mervyn King dismissed calls for ahem in the near term.
He said recovery hopes had consistently been AAARGH.
"The big picture is that output's been sheesh for two years, and has continually bleurgh expectations of hooray," he told a news conference. "We are blubba blubba and rumble rumble from the achtung ola merci beaucoup," he added. "Unlike the Olympians YEAH! YEAH! our economy has not yet whoo-hoo!"
Wednesday, 8 August 2012
Bank cuts growth forecaset to pffft
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3 comments:
BoE says
"Inflation will fall in the future this time, even though we've been wrong about it falling in the future for the past 10 years."
SB, or to put it in their terms "Inflation still a bit *bleurgh* but with a bit of luck it will turn *yip yip* over the next few *rhubarb rhubarbs*, that all depends on the *flibber flibber flibber*"
Do you think wavy grey hair and jowls are mandatory for the Governor of the BoE?
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