Economists are quickly coming around to the idea that things might not turn out as badly as they believed post-Brexit.
This short piece in The Week presents another potential threat to the British economy; will an overreaction by the Bank of England cause our economy to overheat?
They rightly use the word 'hysteria' to describe the warnings from mainstream economists and the Bank of England itself before the Referendum last June.
What will the consequence of that hysteria look like now? Interest rates rising higher and faster than they would otherwise have needed to do?
Convinced that the referendum result would turn our economy into a “post-apocalyptic wasteland”, it halved interest rates and cranked up the printing presses.