Bank of England

Forecasts only a probability

Up from 1.6% in December

Revisions to growth forecast

Currently non-exec for OBR

Kept rates on hold

Mark Harries, head of Ravenscroft Investment Management UK, takes a closer look at the role forecasts should play when making investment decisions.

Hints at more hawkish tone

Though exit process could 'amplify' other risk areas

Predicted economic shock

Report by Treasury Committee