About this document
UK Economic Outlook Amid Global Shocks by Chris Angle is a document available to read on EtoBox.
Global shocks from the financial crisis and high commodity prices have significantly weakened the UK economic outlook. Private domestic demand is expected to slow sharply as housing prices fall, credit tightens, and real incomes decline. Inflation is projected to peak at around 5% before gradually declining. The difficult economic situation poses challenges for UK fiscal and monetary policy frameworks, as public debt is likely to breach its 40% ceiling and inflation will remain above target. Policymakers mu
- Author
- Chris Angle
- Language
- EN