ICYMI -BoE chief economist Haldane said recovery so far faster than expected, but ….
Chief Economist of the Bank of England, Andy Haldane, spoke on Tuesday.
Reuters have a recap here.
Haldane repeated his view
- the recovery so far had been faster than the BoE or any other mainstream economic forecaster had predicted
- said that there were huge uncertainties about the longer-term outlook
Most specifically, and unsurprisingly, the 'but' in the headline refers to the next wave or waves of coronavirus:
- "How big will be the second and third and fourth wave peaks? They surely will come,"
- "What's to play for is how large those peaks will be."