it's hard to predict the future

Remember late January, when Mark Carney liked the look of 2010? That was seven weeks ago, and so much has changed. Colleague Geddes’ very good short profile of Carney, in this week’s issue but not yet online as I write this, centres on a moment in Davos when Carney pooh-poohed the IMF’s pessimistic medium-term forecasts. Now Carney finds himelf in broad agreement with the IMF.