But analysts and Bank of New York officials predicted that the new capital requirements would not stop the proposed takeover.

Dale did not rule out further QE but noted there were still risks that inflation would not fall as the Bank predicts.

Under a "disengagement scenario" the Bank predicted a real growth rate of -0.2% in 2006 and -0.6% in 2007.

Bank of England governor Sir Mervyn King has long predicted a sharp fall in inflation.

The Bank of Korea predicted that the economy would grow this year by 5.7 percent, up from its previous forecast of 3.9 percent.

The Bank of England has long predicted that inflation would fall rapidly as weak demand from shoppers forces retailers to cut prices.

Bank of America predicts $67.1 billion in purchases will be made from mobile devices by European and U.S. shoppers in 2015.

Banks predicted he would win a berth on the Pan American Games team and even projected a gold medal.

In August, the Bank predicted economic growth of more than 2% for next year.

The Bank predicted growth of around 2% for 2011 in its February report and City analysts expect it to revise estimates to around 1.5%.