Risky policy stalemate

Article Abstract:

The Bank of Englands Monetary Policy Committee's decision to cut the interest rates in August 2005 was widely expected and much needed in the wake of sharp fall in UK GDP growth in the first half of 2005, fall in consumer spending and manufacturing, increased unemployment. However, rising inflation highly influenced by high oil and energy prices signaled higher risks if the rates were cut, thus, fading away all the possibilities any cuts resulting in potentially damaging implications for the economy.

Forecasts, trends, outlooks, Interest Rates, Forecasts and trends, Market trend/market analysis, Monetary policy

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Britain - miracle or bubble?

Article Abstract:

The sharp slowdown in the UK economic performance in 2005 has shown that it is neither a miracle nor a bubble. The head of Kern Consulting has argued that the short-term downside risks have worsened with the sharp slowdown in the economic growth.

Scientific Research and Development Services, Development, Economic Programs-Total Govt, Administration of Economic Programs, Evaluation, Economic conditions, Economic development

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2004 crunch

Article Abstract:

The UK economy could grow by 2% in 2004.

Column

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