Economic Forecasts

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Title: Economic Forecasts

Essay Details:

Subject: Business

Author: Don T

Date: September 21, 2015

Level: University

Grade: A

Length: 25 / 7401

Essay text:

However the recovery could easily be derailed if US economic growth deteriorates or if inflationary pressures necessitate more than the expected one additional interest rate rise. Though retailers will benefit from lower operating cost inflation and a strong pound, the need for them to limit price rises will provide little relief to margins. GDP Despite the recent increase in interest rates prospects are still promising for 2007 and GDP should grow by 2.9%, up from 2.7% in 2006. A fall in oil prices has made consumers feel better off and eased cost price inflation for businesses. Renewed house price inflation and equity prices look set to further underpin consumer confidence...

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