James Knightley
James Knightley
argue housing leading market risk slow uk
The risk for the U.S. is that the housing market there may slow markedly, so you can actually argue that for once the UK is actually leading the U.S..
coming cut economic gradually interest led offer pencil pressures rate rather relative scope strength
Inflationary pressures are gradually easing, which should offer scope for interest rate cuts, but near-term relative economic strength has led us to pencil in the first cut coming in May rather than in the first quarter.
activity again boost fed half hopes increase raising rates remain talk
This ... will boost hopes that activity in the first half of 2006 will remain robust. It will also increase talk of the Fed raising rates again in May, to 5%.