Hints and tips:
...Ricardo Reis: There are no silver bullets....
...Philip Shaw: No....
...Ricardo Reis: They will probably feel better than today; I expect real incomes to grow....
...Ricardo Reis: I don’t know....
...Philip Shaw: Only to a limited extent....
...Philip Shaw, chief economist, Investec Yes....
...Philip Shaw, chief economist, Investec Given how low unemployment is and that inflation is currently above 3 per cent, there has to be a decent chance that earnings growth will rise in 2018....
...Philip Shaw, chief economist, Investec It seems likely that rates will continue to rise over the next few years....
...Philip Shaw, chief economist, Investec Unfortunately no....
...Philip Shaw, chief economist, Investec Yes it should be. Inflation should begin to decline soon as the effects from sterling’s post referendum decline begin to fade....
...Philip Shaw, Chief Economist, Investec We consider that the UK economy is past the worst of the slowdown and should record a modestly firmer pace of expansion in 2018....
...Ricardo Reis, Phillips professor of economics, London School of Economics Feel about the same as 12 months ago....
...London’s National Gallery is showing My Back to Nature, George Shaw’s paintings in humbrol enamel, including a self-portrait urinating against a tree, in response to Titian and Cézanne....
...Philip Shaw, chief economist, Investec Sterling’s depreciation has been material....
...Ricardo Reis, professor of economics, London School of Economics Shocks will happen, but by definition they are impossible to forecast. Having some fiscal space is wise....
...Ricardo Reis, professor of economics, London School of Economics The latest forecasts from NIESR point to a modest slowdown; I have no information or insight to add to those....
...Philip Shaw, chief economist, Investec The control of immigration is set to be a political red line in discussions with the European Council....
...Ricardo Reis, professor of economics, London School of Economics Somewhat negatively, although 2017 may be too early for any effects to be felt....
...Ricardo Reis, professor of economics, London School of Economics Feel about the same as 12 months ago I did not expect such a hard Brexit stance by the new government, neither such an anti-liberal and...
...Ricardo Reis, Professor of Economics, London School of Economics The deregulation needed to boost housing supply has barely happened, especially in the places where there is a shortage of houses (London...
...Ricardo Reis, Professor of Economics, London School of Economics It would greatly increase my uncertainty on the prospects, at all horizons....
...Philip Shaw, Chief Economist, Investec d) succeed in cutting spending and revenues will remain on target or better If the Chancellor can do a decent job of steering fiscal policy in the right direction...
...Philip Shaw, Chief Economist, Investec Tighter. Solid growth and higher inflation will be enough to give the MPC the green light to begin raising rates gently, probably by about midyear....
...Ricardo Reis, Professor of Economics, London School of Economics My greatest concern is to what extent the recovery is relying too much on the nexus between the financial sector and the housing sector....
...Ricardo Reis, Professor of Economics, London School of Economics Nothing is ever easy, especially when so many bad shocks can happen and policymakers can get so creative at making bad choices....
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