John Butler
John Butler
business cash companies despite investment overall proved recovery
Overall the recovery in business investment has proved disappointing, despite companies being cash rich.
consumer held recovery weaker
The recovery is still being held back by the weaker consumer outlook.
activity benefit domestic export failing fastest global good orders pace recovery reflection side since uk
The story on the activity side is that the recovery is a reflection of better domestic demand, but export orders are contracting at their fastest pace since May. This suggests the UK is still failing to benefit from good global growth.
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?
dilemma doubts economic extent face growing housing members rebound recovery respond seem weights whether year
The dilemma the MPC face is whether they respond to the growing doubts over the extent of economic recovery this year or feel constrained by the rebound in the housing market. Different members seem to put different weights on these arguments.
bail pilot
Our pilot told us to bail out and we went.
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.
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.
ability amount change
We need help. We need the ability to change the amount we are paying.