This information is published in our quarterly Monetary Policy Statement, along with our economic forecasts and accompanying explanation. The Bank was the first central bank to publish its planned interest rate path, starting in 1997, and we continue to rank as one of the most transparent central banks.
Even before the latest estimate of the first-quarter contribution of net exports to GDP was published, many private-sector forecasters (as well as the Congressional Budget Office) expected net exports to subtract from GDP growth this year and next.