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imported>Doug Williamson
(Create page. Sources: linked pages, Bank of England https://www.bankofengland.co.uk/-/media/boe/files/speech/2020/covid-19-and-monetary-policy-speech-by-michael-saunders.pdf?la=en&hash=02111FB09D7C30180137C228BB61E8C5447A84F9)
 
imported>Doug Williamson
(Mend link.)
 
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:<span style="color:#4B0082">'''''The economic impacts of Covid-19 to date'''''</span>
:<span style="color:#4B0082">'''''The economic impacts of Covid-19 to date'''''</span>


:" In general, small firms are doing worse than large firms.  
:"In general, small firms are doing worse than large firms.  


:In the May MPR, the MPC’s illustrative scenario showed Q2 GDP falling about 25% QoQ, a far bigger decline than any recorded previously.
:In the May MPR, the MPC’s illustrative scenario showed Q2 GDP falling about 25% QoQ, a far bigger decline than any recorded previously.
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*[[Bank of England]]
*[[Bank of England]]
*[[COVID-19]]
*[[COVID-19]]
*[[GDP]]
* [[Gross domestic product]] (GDP)
*[[MoM]]
*[[MoM]]
*[[Monetary Policy Committee]]
*[[Monetary Policy Committee]]
*[[MPR]]
* [[Monetary Policy Report]] (MPR)
*[[Q1]]
*[[Q1]]
*[[YOY]]
*[[YOY]]

Latest revision as of 12:41, 26 June 2022

Quarter on Quarter, particularly in the context of percentage growth or decline.


The economic impacts of Covid-19 to date
"In general, small firms are doing worse than large firms.
In the May MPR, the MPC’s illustrative scenario showed Q2 GDP falling about 25% QoQ, a far bigger decline than any recorded previously.
There are, of course, many uncertainties around this figure, but the picture of a dramatic fall in output is clear-cut."
Michael Saunders, External Member of the Bank of England's Monetary Policy Committee (MPC), May 2020.


See also