George Buckley
George Buckley
hear information people
We hear there's a lot of support, but people don't know what to do or how to get the information.
committee conscious current data easing levels
We are conscious that the data will need to weaken significantly from current levels before the committee would feel comfortable with easing policy.
addition certainly cut domestic gross inflation product prospects rate risks weaker
The prospects for a rate cut have certainly increased. You have weaker inflation and in addition there are risks to gross domestic product growth.
address companies deficits doubt fund pension reason weaker
The more pressing need for companies to address their pension fund deficits has no doubt been an important reason for weaker investment.
clear higher inflation next oil patch rough six
You're going to go through a rough patch through the next six to 12 months. Inflation is going to be boosted by higher oil prices. There is a clear upward trend.
build continue demand domestic economy expect fails further global interest later move points pressure rates year
This points to interest rates on hold, at least in the near-term. But we continue to expect that the pressure for a further move will build later in the year as the global economy slows and domestic demand fails to inspire.
bank christmas england hold housing improvement market outlook reasonable retailers services stronger
An improvement in the outlook for the services sector, a stronger housing market and expectations of a reasonable Christmas for retailers should be enough to keep the Bank of England on hold (in January).
both christmas housing impact keeping limit market moves opposition positive rates recent retail sector
Strengthening of the both the retail sector over Christmas and the housing market over recent months, and the positive impact of recent moves in gilt yields, equities and sterling on the Bank's forecasts, should limit the opposition to keeping rates on hold.
admiring culture decades forward potential team technology tremendous unique wealth
After long admiring 3M for its unique culture of innovation, decades of success, wealth of technology and outstanding people, I look forward to being part of the team that will make real the tremendous potential of 3M in 2006 and beyond.
consistent fully minutes next until wait
I think these minutes are fully consistent with them having to wait until next year.
believe continue falling flat growth housing market medium outlook price term trend
Price growth is on a softening trend and we continue to believe that the outlook for the housing market over the medium term is one of flat to falling prices.
consumer impact noticeable sustained
If it's sustained it'll have a noticeable impact on consumer prices.
cut rate surprised talked
I'm surprised they haven't talked about a rate cut at all,
exports improved looks numbers quite trade underlying
If you look at the underlying numbers you'll see that underlying trade has improved. It looks like exports have improved quite a bit.