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gruffydd

Latest Oecd Report On Uk Economy

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http://www.oecd.org/document/43/0,2340,en_...1_1_1_1,00.html

Latest OECD Report on UK economy

And extracts from an article in the Irish Sun - "PARIS (AFX) - The OECD said there is not yet any reason for the Bank of England to cut interest rates again.

'Given that the level of output is currently close to capacity, that inflation has been increasing and is now above target and short-term indicators suggest growth may return to trend, there is not a compelling case for further rate cuts,' the organisation said in a report on the UK economy.

It said the Bank of England's decision to cut its repo rate to 4.50 pct from 4.75 pct in August already provides some insurance against downside risks which cloud the short-term growth outlook, such as the possibility of prolonged economic weakness in Europe, higher oil prices and a housing market downturn."

Edited by gruffydd

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  • 339 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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