Gsbt

The Bank of England is feeling the heat again after its new, more upbeat picture for Britain's economy put an uncomfortable focus back on its warning last year about a quick and sharp Brexit vote hit to growth. Governor Mark Carney woke up on Friday to headlines in anti-European Union newspapers that accused him of leading the Bank into a U-turn. "More humble pie for Bank as economy keeps growing," the Daily Express said. The BoE surprised investors on Thursday when it hiked its forecast for growth this year to 2.0 percent. That was up from a call of 1.4 percent made just three months ago and represented a leap from its first post-referendum forecast of 0.8 percent. The new prediction was higher than all but one of 50 forecasts by private economists in a Reuters poll in January, raising some eyebrows in the City of London. The BoE also edged up its growth forecasts for the following two years. At the same time, Carney and his fellow policymakers lowered their forecast...