Hints and tips:
...Brian Hilliard: Not very. Bank rate to peak at 4.5 per cent with risk of less....
...SocGen’s Brian Hilliard has gone 2016-2019 revivalist and made a decision tree....
...Brian Hilliard, chief UK economist at Société Générale: No....
...The tightening of credit could be a “tipping point, when senior people at the banks realise they’re making loans unlikely to be paid back”, says Hilliard MacBeth, an Edmonton-based investment manager and...
...Brian Hilliard, chief UK economist, Société Générale Yes, but only if a Brexit deal is done....
...The house went for C$231,000–C$17,000 (US$13,000) above the asking price. This year, she bought a Hamilton condo and again, bids pushed the sale price C$19,000 higher....
...Brian Hilliard, Société Générale, Chief UK economist a) will struggle to impose his planned spending cuts and revenues will fall short of expectations Austerity ran out of steam in the second half of the...
...Brian Hilliard, chief UK economist, Société Générale The headroom, as calculated by the OBR is only 1.2% of GDP....
...c) longer-term (post the negotiations and any transition) — impossible to forecast with any precision at this point, given we have very little idea of what the outcome of the negotiations in b) would be....
...Brian Hilliard, Société Générale Tentative signs of stronger earnings growth are emerging....
...Brian Hilliard, Société Générale: It would create major uncertainty about the viability of the country as an economic unit. Growth would be hurt....
...Brian Hilliard, Société Générale: The main worrying symptom at present is the acceleration in house price inflation....
...Brian Hilliard, Société Générale: It has been largely vindicated but I worry about the balance of the continuing cuts....
...Brian Hilliard, Société Générale: I think the economy is currently in a sweet spot. To some extent it does not matter what the source of growth is....
...Brian Hilliard, Société Générale: His plan is likely to slip a little further....
...Brian Hilliard, Société Générale: The deficit reduction programme is proceeding at the right pace....
...Eg implications for pensions, healthcare, social cohesion (cake not growing much) &c &c. It seems to me that much is implicitly premised on (r – g) being small....
...Brian Hilliard, Société Générale: The Bank will be relieved to see inflation fall below the target level of 2 per cent by the fourth quarter of 2012....
...Brian Hilliard, Société Générale: Supply potential can only be significantly affected by structural measures that are slow to work and for which it is difficult to prove their effectiveness in the short...
...c. Fiscal policy is tightened too quickly in the recovery phase....
...No need for any Plans B (temporary tax cuts) or C (cutting NHS spending)....
...Brian Hilliard, Societe Generale 1) Inflation in the short term because of the fall in the exchange rate and the incomplete labour market response to the recession....
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