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Published online by Cambridge University Press: 01 January 2020
We would like to thank Angus Armstrong, Dawn Holland, Simon Kirby and Jonathan Portes for helpful comments and discussion and Chizoba Obi for compiling the database underlying the forecast. The forecast was completed on 25 July, 2014. Exchange rate, interest rates and equity price assumptions are based on information available to 14 July 2014. Unless otherwise specified, the source of all data reported in tables and figures is the NiGEM database and NIESR forecast baseline.
1 See, in particular, BIS Annual Report, June 2014, (http://www.bis.org/publ/arpdf/ar2014e.pdf), and Janet Yellen, ‘Monetary Policy and Financial Stability’, 2 July, 2014 (http://www.federalreserve.gov/newsevents/speech/yellen20140702a.htm).