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More - Alan Castle Quotes

On one hand you have very strong signals from businesses services, but on the other quite weak ones from the retail sector. That's going to drag overall services growth down. - Alan Castle Quotes

On one hand you have very strong signals from businesses services, but on the other quite weak ones from the retail sector. That's going to drag overall services growth down.

Looking ahead, this supports our view that, despite the apparent rebound in retail sales over the Christmas period, broader consumer spending will remain soft. - Alan Castle Quotes

Looking ahead, this supports our view that, despite the apparent rebound in retail sales over the Christmas period, broader consumer spending will remain soft.

We are becoming increasingly nervous about our call for a 25 basis point rate cut at the February ... meeting, even if we are not yet ready to throw in the towel and push back the next rate move to the spring. - Alan Castle Quotes

We are becoming increasingly nervous about our call for a 25 basis point rate cut at the February ... meeting, even if we are not yet ready to throw in the towel and push back the next rate move to the spring.

The big picture here is that the Bank's forecasts for growth and inflation are different to consensus expectations for weaker growth and inflation short term. - Alan Castle Quotes

The big picture here is that the Bank's forecasts for growth and inflation are different to consensus expectations for weaker growth and inflation short term.

Our pessimism reflects a view that signs of strength in the consumer sector could soon start to peter out. - Alan Castle Quotes

Our pessimism reflects a view that signs of strength in the consumer sector could soon start to peter out.

It is hard to argue that it will have a significant impact on monetary policy, given that Mr Lambert had voted with the majority throughout his time on the Committee and that the rate decisions over the next few months do not look like being close-calls. - Alan Castle Quotes

It is hard to argue that it will have a significant impact on monetary policy, given that Mr Lambert had voted with the majority throughout his time on the Committee and that the rate decisions over the next few months do not look like being close-calls.

The actual size of the fall in February is fairly significant. Obviously if the trend does soften in the next few months then the housing market could be losing some momentum. - Alan Castle Quotes

The actual size of the fall in February is fairly significant. Obviously if the trend does soften in the next few months then the housing market could be losing some momentum.

Although further short-term support to the national figures from buoyant markets in London and the south-east is likely. - Alan Castle Quotes

Although further short-term support to the national figures from buoyant markets in London and the south-east is likely.

A May rate cut is more likely than not, but the Bank is likely to need to see ongoing signs of lower-than-expected targeted inflation as well as weaker than expected Q1 GDP growth. - Alan Castle Quotes

A May rate cut is more likely than not, but the Bank is likely to need to see ongoing signs of lower-than-expected targeted inflation as well as weaker than expected Q1 GDP growth.

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