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This uncertainty would be likely to push down on demand in the short run".
This uncertainty would be likely to push down on demand in the short term," the minutes said.
They say the uncertainty about the economic outlook is likely to push down demand in the short term.
The Bank of England could safely cut interest rates to support spending then because the "shock" to the economy was likely to push down inflation too.
Woodford added that a British departure from the EU, and the economic uncertainty leading up to a referendum, was likely to push down the value of sterling, but that would help struggling exporters.
Quantitative easing is likely to push down the value of the dollar and send even more money flowing into the faster-growing economies of Asia and Latin America, where interest rates are higher and inflation is a greater worry than in the sluggish economies of North America and Western Europe.
Similar(52)
Is the new president likely to take steps to push down the unemployment rate? A. Due to a lack of flexibility in the budget, he doesn't have much room to maneuver.
The Federal Reserve chairman, Ben S. Bernanke, indicated last week that the American central bank was likely to wind down the purchases of bonds it has used to push down market interest rates.
"The decision is likely to push prices down in the long term, although this hasn't happened yet," he said.
The difference, however, is that the latter is an upper limit rather than a fixed amount, and competition is likely to push percentages down.
"High unemployment and low operating rates, or excess slack, is likely to push inflation down from already low levels toward zero by the second half of 2010," Kasman said, "and there is a substantial chance of significant declines in core prices over the forecast horizon.
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CEO of Professional Science Editing for Scientists @ prosciediting.com