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The latest forecasts suggest that the economy will revive over the next two years.
"The latest forecasts suggest that the line of storms may miss us," he said.
The ECB's inflation target is "close to but below 2%", but the IMF's latest forecasts suggest euro-zone inflation will fall to 1.5% in 2013.
The European commission's latest forecasts suggest growth this year of 3.1% will be followed by 2.7% next year and 2.4% in 2017.
The Federal Reserve's latest forecasts suggest a jobless rate above 8% in 2011, and half a decade or so until the economy returns to full employment.The economic scars could be deep.
The European Commission's latest forecasts suggest overall pension spending in the EU will fall by 0.1% of GDP between 2010 and 2020, before rising by 0.6% in the subsequent decade.
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The BCC's head of economics, Suren Thiru, said the group's latest forecast suggests that the loss of momentum in the UK economy in the first three months of 2018 "is more than just a temporary soft patch".
The latest official forecasts suggest that the economy will grow by some 4.2% this year.
The latest European Commission forecasts suggest that a German recovery will eventually drag the euro zone out of trouble.
Yet now, in another EMU paradox, it is the Germans who could be hoist with their own Maastricht-criteria petard.The commission's latest forecasts optimistically suggest that all EU countries bar Italy (just) and Greece (by miles) will comply with the Maastricht criteria this year (see table 3).
Weather forecasts suggest that the early-late draw afforded to Woods on Thursday and Friday may well be ideal, in contrast to McIlroy's reverse hand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com