The Threat Of Supply Shock
Apr 23rd, 2008 | By Rob Mackrill | Category: Politics & EconomicsInflation pressures should abate with slowing growth unless there’s a supply shock.
Inflation pressures should abate with slowing growth unless there’s a supply shock.
The once-booming UK mortgage market is dissolving faster than an Alka Seltzer on a Saturday morning. That seems to be the picture the Bank of England is painting. Yesterday it published one of its many surveys — the quarterly Credit Conditions report.