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Hello and welcome to Coffee House Shots as Fed Haters daily politics podcast.

I'm Katie Balls and I'm joined by Kate Andrews and Fraser Nelson.

Are we going to be discussing Jeremy Hunt's spring budget?

To begin, thank you panelists.

Thank you Katie.

Kate, what's Rebecca to you most when it comes to what we heard today?

I thought it was quite interesting that it was the full cast in terms of the OBR saying which

have already started to dominate the news.

Yeah, so I don't think the most interesting thing was any announcement that Jeremy Hunt made.

It was the forecast around it.

So the OBR have now said that they no longer predict a recession.

They do expect an economic contraction this year but a relatively mild one about no point

to you percent and they think we're going to avoid the technical definition of recession which is

too consecutive quarters of negative growth.

I mean, that's really good news.

And then if you look at their forecast for growth in the future over the next four years,

they average around two percent.

Now, is that incredible?

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