Howard Archer
Howard Archer
committee hold impression interest months rates reinforce remain select several treasury
The testimonies to the Treasury Select Committee reinforce the impression that interest rates are set to remain on hold for several months to come.
central concern further housing interest likely market prices rates reinforce risk send stimulate
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.
avoid brown finances guarantees hikes january major public spending strength tax
The strength of the public finances in January effectively guarantees that Brown will be able to avoid making any major tax hikes or significant spending cutbacks in March's budget.
belief case consumer growth healthy interest november picking rate retail sales spending
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.
deter euro further growth hike interest likely march raising rates remains zone
The slowdown in euro zone growth will not deter the ECB from raising interest rates in March and a further hike remains very likely in June.
extended flat house likely prices relatively remain
House prices are likely to remain relatively flat for an extended period,
act appears august bank currently england evidence given growth quarter risen seems survey unlikely
The Bank of England currently seems unlikely to act before August given that growth in the first quarter appears to have been around trend, while survey evidence indicates that inflationary expectations have risen recently.
export february flat orders
Flat export orders in February are particularly disappointing.
bank certainty england hold interest rates seems steady
It seems a nailed-on certainty that the Bank of England will hold interest rates steady on Thursday,
accelerate believe buyer house interest keeping prices start thereby
If house prices start to accelerate markedly, we believe buyer interest will diminish, thereby keeping a lid on prices.
concern cut december evidence house imminent interest pressure prices retail robust sales sector service showing softness stronger survey
December survey evidence showing robust service sector activity, stronger retail sales and firmer house prices has temporarily at least alleviated some concern over the economy's softness and eased pressure on the MPC for an imminent cut in interest rates.
boost euro feed growth healthier hoping pound recently softer zone
Manufacturers will be hoping that healthier growth in the euro zone and a recently softer pound will increasingly feed through to give them with a significant boost in 2006.
august consumer core due food fuel higher increase inflation july prices primarily
The increase in inflation in August was primarily due to higher prices for fuel and some food items, while core consumer inflation actually edged back down to 1.7% after spiking up to 1.8% in July from 1.5% in June.
cutting data interest prompt rates unlikely weak
The GDP data (is) unlikely to be weak enough to prompt the MPC into cutting interest rates in November,