The ministry of finance is clearly prepared to sacrifice one year's growth in order to be able to begin to reconstruct the budget -- and cut the budget deficit.. - Richard Jerram Quotes
The ministry of finance is clearly prepared to sacrifice one year's growth in order to be able to begin to reconstruct the budget -- and cut the budget deficit.. Richard Jerram
 

More - Richard Jerram Quotes

We see the domestic revival as steadily broadening out and in the end that should start to drive production. - Richard Jerram Quotes

We see the domestic revival as steadily broadening out and in the end that should start to drive production.

Richard Jerram

 
Price rises are gradually feeding down the production chain. This is starting to affect consumer prices and would make the exit from deflation more solid. - Richard Jerram Quotes

Price rises are gradually feeding down the production chain. This is starting to affect consumer prices and would make the exit from deflation more solid.

Richard Jerram

 
Exports seem to be stalling and there are some signs this is already being felt by industrial production, - Richard Jerram Quotes

Exports seem to be stalling and there are some signs this is already being felt by industrial production,

Richard Jerram

 
In particular, inventories are at 15-year lows, which is not consistent with a turning point in the economic cycle. - Richard Jerram Quotes

In particular, inventories are at 15-year lows, which is not consistent with a turning point in the economic cycle.

Richard Jerram

 
We woke up and America was down pretty hard. Then we had a fairly big construction company go bust. - Richard Jerram Quotes

We woke up and America was down pretty hard. Then we had a fairly big construction company go bust.

Richard Jerram

 America
If you look not just at the headline rate but also at the underlying rates, you are seeing a gradual climb away from zero and that has to be seen positively. - Richard Jerram Quotes

If you look not just at the headline rate but also at the underlying rates, you are seeing a gradual climb away from zero and that has to be seen positively.

Richard Jerram

 
This is the seal of approval of the return to health of the banking system, ... It's also a sign of the normalization of the economy. - Richard Jerram Quotes

This is the seal of approval of the return to health of the banking system, ... It's also a sign of the normalization of the economy.

Richard Jerram

 Approval
It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions. - Richard Jerram Quotes

It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions.

Richard Jerram

 
Three months ago, the debate was whether the economy was still declining or going sideways. Now the debate is whether the economy is going sideways or whether it is improving. - Richard Jerram Quotes

Three months ago, the debate was whether the economy was still declining or going sideways. Now the debate is whether the economy is going sideways or whether it is improving.

Richard Jerram

 Debate
but the positive direction is increasingly apparent. - Richard Jerram Quotes

but the positive direction is increasingly apparent.

Richard Jerram

 Direction
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