02-02-2017 02:19 via news.yahoo.com

BoE faces Brexit balancing act on growth and rates

By William Schomberg LONDON (Reuters) - The Bank of England will probably try on Thursday to avoid adding to speculation about a first interest rate hike in nearly a decade, even as it acknowledges the resilience of Britain's economy since last year's Brexit vote shock. After Britain surprisingly outgrew the world's other big rich economies last year, the BoE is expected to raise its 2017 growth forecast for the second time in three months, according to a Reuters poll of economists. A fresh grow
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