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But several economists and financial analysts say China could be heading for a sharp slowdown.
So the housing market may be in for a sharp slowdown.
He warns that the American economy is poised for a sharp slowdown in the second half of the year.
Global stock markets were battered last week by fears that Europe was headed for a sharp slowdown while political leaders were still struggling with the sovereign debt crisis.
Meanwhile, the bond market, where short-term interest rates are now slightly above long-term rates in what is known as an inverted yield curve, suggests that the economy is headed for a sharp slowdown, perhaps even a recession.
Following its two-day meeting, the Bank's monetary policy committee stuck to its guns that inflation must be kept tightly under control, even though the economy appears to be heading for a sharp slowdown.
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Since then oil has sagged by 30%, to a low of $88 a barrel on June 22nd, as intensifying worries over the euro-area debt crisis and fears of a sharp slowdown for China's economy darkened prospects for demand.In this section Powering down The more special economic zone Rollercoaster Duncan dough notes The Oracle of Boston Move over ReprintsThe supply side also weighed on prices.
The Charles Schwab Corporation said yesterday that it would miss Wall Street profit forecasts for the first quarter because of a sharp slowdown in customer trades in February.
The deal also provides a respite from a sharp slowdown in mergers activity for the year to date.
Few City forecasters are yet predicting an outright recession for Britain, although several are now warning of a sharp slowdown.
As for retail sales, he said they were just a rebound from a sharp slowdown in July and August.
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