John Butler
John Butler
close committee future growth hold inflation overall seem trend
Overall this a committee that are on hold for the foreseeable future as they seem comfortable while near-term growth is at trend and inflation is close to target.
bank central cutting downside european growth increasing rates result risks time yields
There's increasing downside risks to growth and inflation, and that could even result in the European Central Bank cutting rates at some time in the future. Yields have come right down on this.
cent compared creation february fell growth job last level march number per remains whether
It is questionable whether this level of job creation is sustainable as productivity growth remains low, at 1.1 per cent, and the number of vacancies fell sharply in March, down 3 per cent compared to February and over 7 per cent compared to March last year.
alert allow bank beginning central clearly consumer data ease expected fall far focus growth help inflation interest next price producer rates shift year
The Bank of England, like other central banks, is clearly on inflation alert but so far so good, as the producer and consumer price data should help to ease those fears. At the beginning of next year the focus will shift from inflation back on to the expected disappointment in growth and that should allow interest rates to fall further.
despite fairly gather given global growth industrial keeping momentum oil peaked prices profits recovery remained robust sector uk weak
The UK industrial sector has remained weak despite fairly robust global growth. Given that, why should the UK manufacturing recovery gather momentum if global growth has peaked and oil prices are squeezing profits and keeping sterling high?
cent figures growth next per predict published
We predict GDP growth of 0.6 per cent when the figures are published next Wednesday.
bail pilot
Our pilot told us to bail out and we went.
business cash companies despite investment overall proved recovery
Overall the recovery in business investment has proved disappointing, despite companies being cash rich.
depends goes problem
It depends what it goes up to. As long as it's not too, too much, I don't have a problem with it.
coming cut expect holding house island looking prices rate relatively retail sales strong uk
We're not looking for a rate cut, ... The UK does not need it. House prices and retail sales are holding up well. This island is relatively strong but we do expect another rate cut in coming months.
economy evidence indicator numbers picking seeing shows work
We are seeing the first evidence that the U.S. economy is slowing, while one indicator after another shows that the euro-zone is picking up. They can let the numbers do the work for them,
net shot shots
We only had one shot on net when we had the 5-on-3. We need to put more shots on net.
felt knows looking shoulder
You know what? I don't know if he ever has felt this secure, anywhere. Doug knows he's not going to be looking over his shoulder here.
bad drew help helping knew maybe point time
You know what Doug told me? Maybe there sometimes comes a point where it's not all bad to help somebody. And then, when your time is up, you can look back and say I had something to do with it. That's when I knew he would be helping Drew this year.