Feb
24
‘Brexit,’ House Prices Loom Over British Economy, IMF Says
By-
BOE policy makers should keep rates at 0.5%, stay vigilant
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Osborne should use fiscal `flexibility’ if demand weakens
Britain’s “strong economic performance” is at risk from high property prices and the looming referendum on whether to leave the European Union, the International Monetary Fund warned.
In its annual health check published Wednesday, the IMF said a “relatively positive outlook” is subject to “risks and uncertainties.” They include the global outlook, sluggish productivity growth, high levels of household debt and the June 23 vote on EU membership, the debate over which could undermine business investment…
‘Brexit,’ House Prices Loom Over British Economy, IMF Says
