22 Jun 2010
Budget Reaction

Double dip only 30% likely but rates on hold till 2012

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  • Robin  Bew, Editorial Director and Chief Economist, EIU

    Robin Bew, Editorial Director and Chief Economist, EIU

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Corporates are looking too healthy to cut back on growth making a recession less likely, though growth is set to slow more than was expected which means rates won't rise till 2012.

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