The deficits are bigger than expected but the underlying picture remains the same. The risk is that we will need tax rises in the medium term but there is no immediate pressure. - Ross Walker Quotes
The deficits are bigger than expected but the underlying picture remains the same. The risk is that we will need tax rises in the medium term but there is no immediate pressure. Ross Walker
 Risk

More - Ross Walker Quotes

The underlying state of consumer demand is rather lackluster. - Ross Walker Quotes

The underlying state of consumer demand is rather lackluster.

Ross Walker

 
The faltering global recovery means we would not be surprised to see a rate cut, but with the UK having held up well... we stick to our forecast for rates to remain on hold. - Ross Walker Quotes

The faltering global recovery means we would not be surprised to see a rate cut, but with the UK having held up well... we stick to our forecast for rates to remain on hold.

Ross Walker

 
With wage inflation still surprisingly muted and an ongoing squeeze on households' disposable incomes from higher energy costs, second-round inflation is likely to remain largely absent, allowing some further modest policy easing. - Ross Walker Quotes

With wage inflation still surprisingly muted and an ongoing squeeze on households' disposable incomes from higher energy costs, second-round inflation is likely to remain largely absent, allowing some further modest policy easing.

Ross Walker

 Energy
Compared with the slowdown at the start of the year, these numbers look a little healthier. In the short term, the numbers don't help the case for rate cuts. - Ross Walker Quotes

Compared with the slowdown at the start of the year, these numbers look a little healthier. In the short term, the numbers don't help the case for rate cuts.

Ross Walker

 
Some of the concerns out there about CPI hitting 3% ... at least in the short term look overdone, - Ross Walker Quotes

Some of the concerns out there about CPI hitting 3% ... at least in the short term look overdone,

Ross Walker

 
Some of the concerns out there about CPI hitting 3% ... at least in the short term look overdone. - Ross Walker Quotes

Some of the concerns out there about CPI hitting 3% ... at least in the short term look overdone.

Ross Walker

 
Some of the concerns out there about CPI hitting 3% at least in the short-term look overdone. Unless we get another surge in oil prices, this may well mark the peak. - Ross Walker Quotes

Some of the concerns out there about CPI hitting 3% at least in the short-term look overdone. Unless we get another surge in oil prices, this may well mark the peak.

Ross Walker

 
To some extent jobs created in the public sector will compensate for job cuts in the private sector. - Ross Walker Quotes

To some extent jobs created in the public sector will compensate for job cuts in the private sector.

Ross Walker

 Jobs
When you've got inflation rising above the bank's target it reinforces the view that we don't need more rate cuts this year. - Ross Walker Quotes

When you've got inflation rising above the bank's target it reinforces the view that we don't need more rate cuts this year.

Ross Walker

 Inflation
It's not particularly substantial. Especially if you look at it from the point of view of the more than 450 billion pounds of government spending every year. - Ross Walker Quotes

It's not particularly substantial. Especially if you look at it from the point of view of the more than 450 billion pounds of government spending every year.

Ross Walker

 
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