Garratt, Anthony; Lee, Kevin; Pesaran, M. Hashem; Shin, … - 2021
intervals. Probability forecasts relating to UK output growth and inflation, obtained using a small macroeconometric model, are … presented. We discuss in detail the probability that inflation will fall within the Bank of England?s target range and that … insights on the interrelatedness of output growth and inflation outcomes at different horizons …