§ Mr. Higginsasked the Chancellor of the Exchequer by how much he expects the level of aggregate demand to increase in each year covered by the medium-term financial strategy.
§ Sir Geoffrey HoweI expect the growth of aggregate demand in money terms to slow down in line with the reduction in the growth of the money supply set out in the medium term financial strategy. Changes in the real gross domestic product will depend on a variety of factors, notably on the extent of progress in further reducing the rate of inflation.