Rob Hayward
Rob Hayward
Robert Antony Hayward, Baron Hayward, OBEis a British Conservative Party politician...
bank change definitely impact stance
This is definitely a change in the Bank of Japan's stance so it will have a psychological impact and keep the yen soft.
central clearly european interest places rates region spain tricky
It's tricky for the European Central Bank. In places like Spain and Ireland, interest rates are clearly too low, but the ECB has to set rates for the region as a whole.
core europe inflation
Inflation in the core of Europe is moderate.
hours open pubs wide
Predictions that pubs will be open for 24 hours were wide of the mark.
bank bit courage doubt england interest next people profit raise rates sector seems shows squeeze strong struggling survey weight whether worse
The survey seems to be a little bit worse than people had anticipated. It does show that the manufacturing sector is struggling under the weight of the strong pound. It shows a squeeze on profit margins. It will raise a little bit of doubt about whether the Bank of England will have the courage to raise interest rates next week.