General assessment

Quarterly Bulletin 1982 Q2
Published on 01 June 1982

This assessment discusses world output and inflation as the background to developments at home; and suggests that the slackening pace of UK inflation, while partly reflecting worldwide recession, owes more to policies, and responses to them, at home. It goes on to discuss the problems, with private sector demand for bank loans unusually great, of maintaining control over the growth of broad money, and the role of debt sales in that context.

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