Richard McGuire
Richard McGuire
Richard McGuire is an illustrator, graphic designer, comic book artist, animator, children's book author, musician and toy designer. His illustrations have been published in the New York Times, The New Yorker, Le Monde, and other publications. His short story Here is likely the most lauded comic book story from recent decades. He is a founding member and bassist for the band Liquid Liquid. His bass line from the song "Cavern" is considered one of the most sampled bass lines of...
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Gilts rallied, as the BOE minutes had something for everyone. The market may have chosen to focus on the softness of growth.
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The market has reduced speculation about the likelihood of rate cuts anytime soon as the data is coming in pretty robust.
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These data do further indicate that the housing market has stabilized at a much less ebullient level than seen in the recent boom years. We continue to look for modest house- price inflation going forward.
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While net exports corroborate the bank's view that the external sector poses a downside risk, the fact that the record deficit was driven by stronger domestic demand, means that they don't feel the need to respond with lower rates for now.