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The Bank’s Recession Forecast

Geoff Riley

12th November 2008

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The Bank of England has published its latest Inflation Report and used the opportunity to produce a set of macroeconomic forecasts that are significantly more pessimistic than just a few months ago. The BBC reports on the Inflation Report here. There is an overview available from the bank here - four pages that are worth taking AS students through to apply their understanding of AD-AS.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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