ITV News economics editor Richard Edgar was listening to Bank of England governor Mark Carney's press conference:
Big, big changes at the Bank of England: forecast for unemployment reaching crucial 7% threshold 18 months earlier than last report (Q4 2014
means Bank will consider raising interest rates much sooner than previous forward guidance. But inflation to stay low- fwd gdnce now muddied
In August, Mark Carney issued his "forward guidance" - a promise not to change interest rates until unemployment fell to 7% - in an attempt to provide certainty for markets.
David Cameron says his economic plan is "on track" despite a Bank of England admission that interest rates could rise sooner than expected.
Today's growth forecast may seem to be good news for the Coalition, but the increasing cost of living could cause problems at the polls.
Most borrowers are not economists. Deciding whether they can afford to borrow has just become more difficult.