"Recovery" Fable Unravels As BOE Cuts Growth Forecast, Eurozone Slashes Inflation Outlook
!["Recovery" Fable Unravels As BOE Cuts Growth Forecast, Eurozone Slashes Inflation Outlook "Recovery" Fable Unravels As BOE Cuts Growth Forecast, Eurozone Slashes Inflation Outlook](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/4680f67ba1720d25a1d91c1b60ffab37-565x374.png?itok=-P3Q-xdM)
As you might have noticed, the “recovery” story is starting to fall apart.
Central banks across the globe are running out of excuses for why trillions upon trillions in global QE have been an abject failure when it comes to resuscitating global demand and trade.