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Letter "H" » Howard Archer Quotes
«Consumer confidence held up relatively well in February, following January's sharp bounce.»
«Nevertheless, limited core inflation in January will not deter the ECB from hiking interest rates by a further 25 basis points on Thursday.»
«All the indications are that the ECB remains inclined to tighten monetary policy further over the coming months to contain inflationary risks.»
«The MPC could remain on the sidelines for some months to come as it monitors the strength of consumer spending and the housing market, and also looks to see if high oil and energy prices are feeding through to have second round inflationary effects.»
«This is likely to reinforce the central bank's concern that any further trimming of interest rates could excessively stimulate the housing market and risk send housing prices markedly higher.»
«It currently seems a pretty safe bet that interest rates will not change for several more months to come, if at all this year.»
«We still believe UK interest rates will eventually be trimmed by a further 25 basis points, although not until August at the earliest.»
«Future growth still depends critically on developments in consumer spending, and we suspect that this will be relatively muted over the coming months.»
«For now at least, the Bank of England will be very wary that a trimming of interest rates could excessively stimulate the housing market and risk sending house prices markedly higher. It certainly further rules out a move today.»
«The fall in headline annual producer output price inflation in March was primarily due to base effects reflecting the particularly sharp rise in producer prices a year ago as oil prices surged.»