macro overview
Post on 08-Jun-2015
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Macro Overview
May 2013
Trends and Implications?
The Great Stagnation?
Weak Recovery
Drivers of Growth
Potential GDP and Trend Growth
Labour Productivity
Underemployment
Monetary Policy
Bank Lending
Exchange Rate Issues
Fiscal Policy
C to I ?
M to X ?
MP v 2.0?
Impacts of MP ?
MPC Key Judgements
Impacts of a Stagnating Economy?
FP Position: tax or spend ?
UK v RoW
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