BLOOMBERG Bloomberg Surveillance August 13, 2014
Eight. 2 causing loan growth to slow. Growth only half of what they had forecast in china. Different story in the u. K. Where it turns out more people are working. Unemployment falls to the lowest. We are at 6. 2 but 6. 4 is pretty good. Curious wrinkle, bank of england cuts the fourthquarter estimates for wage growth to 1. 2 versus 2. 5. Curious because unemployment is going down. Aim store here in the u. S. Same story here in the u. S. We will talk about the Stanley Fischer speech in stockholm that addresses better and if i met, better wages. Weaker pound sterling is what we got. What else c...