"Employment is expected to grow strongly. "But with the labour market reaching full capacity and Yves Saint Laurent Shoes strong incomes boost from the terms of trade feeding into demand, there are upside inflationary risks that will require coherence and consistency between the stance of monetary and fiscal policies." Treasury said the terms of trade (the ratio of export prices to imports prices) were at record levels and expected to Manolo Blahnik Silk Pump in Pink "exceptionally high" rates of business investment in the years ahead. On other hand, Treasury said, the household sector is expected to make a weaker contribution to economic growth than it did in the previous economic expansion. "In part, this is because monetary policy, by increasing interest rates and the exchange rate, will ensure that the Manolo Blahnik Silk Pump in Purple sector 'makes room' for the investment boom." In other words, households will participate in the prosperity flowing from the Vibram FiveFingers Bikila Brown-Beige-Grey bonanza by spending less and building fewer dwellings than they otherwise would have.
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