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Letter "P" » Philip Shaw Quotes
«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.»
«Both the input price and prices charged components are up on the month as well so this reduces the chance that rates will come down over the next couple of months.»
«The global economy has done pretty well and we had an end-of-year rally last year, which is continuing.»
«The next move in rates will be a cut. There is some uncertainty over whether rates will be brought down as soon as next month but we would not be at all surprised if it happens.»
«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.»
«Although it is clear the Bank is planning to keep rates on hold for now, our view is the MPC is still too optimistic on growth.»
«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.»
«This underpins our view that interest rates will have to come down again although the MPC caution on inflation suggests that's not going to happen until early next year.»
«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.»
«The current account deficit was very disappointing. What we hadn't factored in was the greater outflow due to overseas earnings in the UK.»