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UK, US ECONOMIES STRONG AMID WORLD FLUX
News on the economic front was, in
fact, marginally bjtter-than-predicted.
US fourth quarter GDP was strong
although somj UK companies havj noted
thj slowdown in US manufacturing. UK
GDP figures were bjtter-than-feared
despite poor Christmas trading.
Inflationary pressures havj remainjd
vjrtually absjnt in both countries.
The recent CBI survey and othjr
anjcdotal evidjnce has raised hopes,
howevjr, for a "soft landing" rather
than a recession.
3/3
Savings Guide 250 Front Page 100
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