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Exact(14)
Nonetheless, Mr Rajan's worries about the medium term are reasonable.
My hunch is that leaving the EU will cause significant economic turmoil in the short term, but economic predictions into the medium term are always speculative.
Among those it says could return cash in the medium term are ITV, up 1.8p at 129.9p, and InterContinental Hotels, down 10p at £20.01.
Perhaps the best we can hope for, in the short and medium term, are incremental improvements and competition from huge enterprises and industries, preventing each other from absolute control.
Add in state and local-government borrowing, and the total approaches 110%.According to the IMF, America's structural deficit and the growth in its debt over the medium term are among the worst in the rich world.
The sectors that Experian anticipates will grow over the short and medium term are largely within the financial insurance and business service sectors.
Similar(46)
But the phrase "medium term" is horribly vague.
The path to a balanced budget over the medium term is credible".
The likeliest outcome for the medium term is more of the same.
Europe grew through institutions and agreements that, in the medium term, were immediately and practically beneficial to ordinary citizens.
Of course, a shift from consumption to investment in the medium term is a good thing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com