Saturday, May 09, 2015

Post-Election Business as Usual

Notayesmanseconomics's Blog: The twin economic challenges facing the UK post-election are the trade deficit and house prices

"With the annual rate of earnings growth being 1.3% in February I think we can say that house prices are not being driven by wage growth? We await what house price friendly moves the new government will add to its existing portfolio but is there much else left other than trying to push mortgage rates even lower? This of course returns us to my view on the likely next move in UK Base Rates being down."

Posted by quiet guy @ 08:28 PM (4218 views)
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