Inflation, dairy, consumer mood all point to further interest rate cuts
A slowdown in GDP growth to 2% or even a bit lower will be a significnat comedown after the 3.5% of recent times.
More signs of an economic slowdown yesterday make at least two more interest rate cuts this year a near certainty.
There is nothing pointing to a recession. However, the slowdown from recent highs is starting to look more pronounced than appeared even as recently as a month ago. GDP growth of 3% a
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Rob Hosking
Fri, 17 Jul 2015
Fri, 17 Jul 2015
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Inflation, dairy, consumer mood all point to further interest rate cuts
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