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...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...“The slowdown likely reflects ongoing affordability pressures, with longer term interest rates rising in recent months, reversing the steep fall seen around the turn of the year,” said Robert Gardner, Nationwide...
...Robert Gardner, Nationwide’s chief economist, said: “Activity has picked up from the weak levels prevailing towards the end of 2023 but remains relatively subdued by historic standards.”...
...So when you set up a new subreddit, if I want to set up r/unhedged, right, I am then the moderator of r/unhedged and I can decide, OK, what are the rules we’re gonna put in place?...
...Take the late Robert Solow’s exogenous growth theory....
...Robert Gardner, chief economist at lender Nationwide, said that, relative to the national average, London house prices had been “trending lower” since 2016....
...Nationwide chief economist Robert Gardner said: “There have been some encouraging signs for potential buyers recently with mortgage rates continuing to trend down.”...
...Robert Gardner, Nationwide’s chief economist, said: “The decline in borrowing costs around the turn of the year appears to have prompted an uptick in the housing market.”...
...(Chris Giles on Central Banks, FT.com, April 23) Chris Giles rightly throws fundamental doubt on both the concept and usefulness of estimates of R-star, or the neutral rate of interest....
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...Lucy FisherAnd Robert Shrimsley. Robert ShrimsleyHi, Lucy....
...Surely they need low interest rates to carry on their kind of R&D spending and kind of be a proper, important company. But now, it’s clearly a proper, important company in and of its own right....
...If this is the case, then the increase in r is not such bad news, as it comes with an increase in g....
...Robert Gardner, Nationwide’s chief economist, said that even with modestly lower prices, the deposit paid by a typical first-time buyer would be 105 per cent of their average annual gross income....
...Robert Gardner, Nationwide’s chief economist, noted “a significant change” in market expectations for the future path of interest rates “which, if sustained, could provide much needed support for housing...
...Or email the big man himself: robert.armstrong@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Friday interview: Dani Rodrik Dani Rodrik, the Harvard economist, is best known for his early critiques of unfettered globalisation....
...Let us know what you are watching and why: robert.armstrong@ft.com and ethan.wu@ft.com. Staples stocks as bond substitutes Sometimes I overthink things....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Robert Gardner, Nationwide’s chief economist, said the uptick in October most likely reflected the “constrained” supply of properties on the market....
...Robert Gardner, Nationwide’s chief economist, said: “There have been some encouraging signs for potential buyers recently with mortgage rates continuing to trend down.”...
...Puzzle 2567 Matthias Bluebaum vs Robert Baskin, Titled Tuesday 2020. Material is level. How did White (to move) win? Click here for solution...
...Robert Gardner, Nationwide’s chief economist, said the rise in October most probably reflected the “constrained” supply of properties on the market....
...If you’ve got a candidate, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
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