United Kingdom : 2016 Article IV Consultation-Press Release; and Staff Report

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

June 17, 2016

Electronic Access:

Free Full Text (PDF file size is 1908 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key issues related to the economy of the United Kingdom. The U.K. economy has performed well in recent years, but it faces important challenges and risks. In the near term, the largest risks and uncertainties relate to the upcoming European Union (EU) referendum. In the event the United Kingdom stays in the EU, steady growth is expected to continue over the next few years. Macroeconomic policies in the baseline should focus on promoting continued steady growth while reducing vulnerabilities. In particular, monetary policy should remain on hold until inflationary pressures are clearer and to help offset headwinds from fiscal consolidation.

Series:

Country Report No. 16/168

Subject:

English

Publication Date:

June 17, 2016

ISBN/ISSN:

9781475517231/1934-7685

Stock No:

1GBREA2016016

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

68

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