Of course, individuals do not all share this view, but on average that is the collective forecast. I do not intend to say any more about the economy or monetary policy at this stage, but, of course, am happy to answer any questions that you have on these subjects.
Competitive pressures in lending markets mean that reductions in funding costs associated with the TFF have been passed through to business and household borrowers. [6] But the TFF has lowered a broader range of interest rates in the economy and put more money into the hands of borrowers and investors.