We suspect economic activity over much of 2006 will be held back by sluggish consumer spending and that the Bank of England's growth forecast will prove to be too optimistic. - Howard Archer Quotes
We suspect economic activity over much of 2006 will be held back by sluggish consumer spending and that the Bank of England's growth forecast will prove to be too optimistic. Howard Archer
 

More - Howard Archer Quotes

What happens after the October meeting is far from clear. - Howard Archer Quotes

What happens after the October meeting is far from clear.

Howard Archer

 
In economic terms at least, Wednesday's budget seems set to be a very low key affair. - Howard Archer Quotes

In economic terms at least, Wednesday's budget seems set to be a very low key affair.

Howard Archer

 
Overall, the mortgage approvals and lending data indicate that the more robust housing market activity evident in the second half of 2005 has continued into 2006. - Howard Archer Quotes

Overall, the mortgage approvals and lending data indicate that the more robust housing market activity evident in the second half of 2005 has continued into 2006.

Howard Archer

 
Nevertheless, limited core inflation in January will not deter the ECB from hiking interest rates by a further 25 basis points on Thursday. - Howard Archer Quotes

Nevertheless, limited core inflation in January will not deter the ECB from hiking interest rates by a further 25 basis points on Thursday.

Howard Archer

 Inflation
This underpins our belief that the Bank of England is too optimistic on the growth outlook and will eventually end up trimming interest rates by a further 25 basis points. - Howard Archer Quotes

This underpins our belief that the Bank of England is too optimistic on the growth outlook and will eventually end up trimming interest rates by a further 25 basis points.

Howard Archer

 Belief
The evidence of marked improvement in the manufacturing sector further guarantees there will be no interest rate cut this Thursday. Indeed, we admit it is looking increasingly questionable whether interest rates will be trimmed further. - Howard Archer Quotes

The evidence of marked improvement in the manufacturing sector further guarantees there will be no interest rate cut this Thursday. Indeed, we admit it is looking increasingly questionable whether interest rates will be trimmed further.

Howard Archer

 Improvement
This is still a pretty benign report overall and broadly in line with Bank of England expectations contained in the February Inflation Report. - Howard Archer Quotes

This is still a pretty benign report overall and broadly in line with Bank of England expectations contained in the February Inflation Report.

Howard Archer

 England
It currently seems a pretty safe bet that interest rates will not change for several more months to come, if at all this year. - Howard Archer Quotes

It currently seems a pretty safe bet that interest rates will not change for several more months to come, if at all this year.

Howard Archer

 
House prices are likely to remain relatively flat for an extended period, - Howard Archer Quotes

House prices are likely to remain relatively flat for an extended period,

Howard Archer

 
Pretty healthy retail sales growth in November reinforces belief that consumer spending is picking up to some extent, and reduces the case for a near-term interest rate cut. - Howard Archer Quotes

Pretty healthy retail sales growth in November reinforces belief that consumer spending is picking up to some extent, and reduces the case for a near-term interest rate cut.

Howard Archer

 Belief
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