Growth is slipping, time for complacency is over
No matter how good festival buying eventually turns out to be, it alone can’t drive growth, especially when multiple distress signals are coming from job and income fronts.
No matter how good festival buying eventually turns out to be, it alone can’t drive growth, especially when multiple distress signals are coming from job and income fronts.
The key challenge for 2022 will be sustaining the rebound in growth while central banks unwind loose monetary policies.