Hints and tips:
...Inflation also exceeded the Bank of England’s target last month....
...Feel free to email Imani or me at sid.v@ft.com or imani.moise@ft.com. Have a great week!...
...But households would save more of their incomes than they did last year, he said, meaning “a sustained V-shaped recovery in households’ spending is out of reach”....
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...The People’s Bank of China has stood out among central banks this year for how little monetary stimulus it has introduced to cushion the pandemic’s economic impact....
...Equity markets’ nervousness had followed a rapid global rally fuelled by central bank stimulus and hopes of a V-shaped economic recovery....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic.”...
...That was after the People’s Bank of China set the currency’s trading band stronger than analysts had expected....
...Hudson Lockett...
...Traders in Tokyo and Shanghai said both sharp, V-shaped moves bore the fingerprints of buying by government institutions seeking to lift markets that have been plunged into turmoil this week....
...“The shape is almost a perfect V and offers a glimpse of hope that economic effect might be shortlived,” said Daniel Bergvall, economist at SEB....
...It sits in a domaine national, a state-owned walled estate that everyone I meet — the hoteliers, the game wardens, the guides, even the police chief — tells me is the size of Paris, the boundary the length...
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College Most unlikely....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College I expect inflation to rise towards 3% in 2017 was import prices rise....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College My guess is he will be too timorous to do the right thing....
...John Vickers, warden, All Souls College, Oxford The OBR’s central estimate of GDP growth slowing to 1.4% in 2017 looks as good as any. Lots of uncertainty around it....
...John Vickers, warden, All Souls College, Oxford Significantly, but don’t ask me how....
...John Vickers, warden, All Souls College, Oxford More pessimistic than 12 months ago (I note the question is premised on Brexit.)...
...John Vickers, warden, All Souls College, Oxford I just don’t know....
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