Carney changes his tune as consumers dance on until the music stops | Nils Pratley

The Bank of England’s forecasts over Brexit have gone embarrassingly awry but it warnings over inflation are likely to prove more accurateWhat a surprise, the great British consumer did not retreat into a bunker after the vote for Brexit in June. He and she kept on eating, drinking and buying houses as if nothing of great significance had happened. “For households, the signs of an economic slowdown are notable by their absence,” admitted governor Mark Carney, struggling to expl