Philip Shaw
Philip Shaw
believe differ expect high hold majority members official peter rates recent remain run spending street stronger
While we believe the recent run of stronger high street spending will peter out, a majority of MPC members may differ and we expect official rates to remain on hold at 4.5 percent.
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The critical numbers will be the data on January which are due in a couple of months, but there are no signs of inflation-busting pay deals from these numbers and we expect that to remain the case.
balance expect hold inflation last likely month news past rates remain report steady strong turned
Last month's inflation report was about as strong an endorsement of steady rates as one is likely to see. The balance of news has turned around significantly over the past month and we now expect rates to remain on hold at 4.5% for the remainder of the year.
call clearly expected figures interest july near pressures question raise rates whether
The figures are significantly better than expected and may call into question whether the MPC will raise interest rates at its July meeting. Clearly there are no inflationary pressures in the near term.
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The figures are better than expected and although petrol prices have come down, there is an improvement in core rate of inflation.
corporate nervous seen trading worst
We will see nervous trading ahead, as we have seen from Cisco that the worst is not yet over for corporate earnings.
action case european fear investors panic sell weaker
It was a case of the panic being overdone, ... U.S. institutional investors were going to sell their European assets, but the coordinated action removed the fear about a weaker euro.
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The strength of high street activity during the month (November) reflects an abrupt turn in the weather driving demand for winter wear.
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And we find the most intelligent children started off with a relatively thin cortex, but it then got thicker relatively rapidly, reached its peak thickness in certain key areas several years later but then also got thinner quicker.
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There's still a lot of confusion about what the sectors mean. I think it's going to take some time for the individual analysts to become familiar with their new companies.
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Continued developments in Iraq will be the main factor driving markets.
chances hike next virtually week
We think the chances of a hike next week are virtually zero.
act boom december gone january marks retail slow spencer uk
Marks & Spencer has got its act together, ... There has been a UK retail boom in December but January has gone off to a slow start.
bang line market
The announcement was bang in line with market expectations.