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☆ German economic outlook 'pretty bleak' despite improved business confidence, economist says
  + stars: | 2024-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGerman economic outlook 'pretty bleak' despite improved business confidence, economist saysAndrzej Szczepaniak, vice president of European Economics at Nomura, on the outlook for the German economy and euro zone interest rates.
Persons: Andrzej Szczepaniak Organizations: Nomura
☆ UK house prices set for 15% drop, Nomura predicts
  + stars: | 2023-01-12 | by ( Andy Bruce | ) www.reuters.com   time to read: +2 min
LONDON, Jan 12 (Reuters) - British house prices look on track to fall around 15% by mid-2024, economists from Japanese bank Nomura said on Thursday, a more severe drop than other forecasters have projected. The market is already showing signs of a reversal, after the COVID-19 pandemic and tax breaks spurred a 29% surge in house prices on the official measure. Mortgage lenders estimate British house prices are already 3.5% lower than their peak, Nomura said. British house prices were forecast to fall 4.7% in 2023, and drop by 10% from peak to trough. Nomura said slumping house prices would feed through into the Bank of England's monetary policy.
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