Tuesday 2 August 2011

U.K. Economy May Need to Boost Stimulus If Growth Remains Weak, IMF Says

http://www.bloomberg.com/news/2011-08-01/u-k-economy-may-need-to-boost-stimulus-if-growth-remains-weak-imf-says.html?cmpid=

The report also said that while lack of supply will help support property values, “some softness” in house prices“seems likely going forward.” IMF staff “central scenario assumes a reduction in the house price-to-income ratio of 12 percent over the medium term,” it said.

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