That does not stop Mr Draghi from warning that inflation is still being affected by a sluggish wage growth, which is now much slower than the "post-recession recovery". According to Jerome McCarthy, "basic marketing" : a market is a group of potential customers with the same needs; They are willing to trade the goods or services offered by the seller in exchange for something of value, which is the way to meet the demand. The international monetary fund cut its growth forecast for the UK to 1.6 per cent this year from 1.7 per cent in October and is expected to grow by 1.5 per cent in 2018. In 2018, we need: