Simon Rubinsohn
Simon Rubinsohn
discussion inflation influenced likely meeting
Discussion at the meeting is likely to have been heavily influenced by the forthcoming inflation report.
cycle december evidence further minutes pause provided release report sector yesterday
Further evidence that the US rate-tightening cycle may be approaching a pause was provided yesterday by a weaker-than-expected ISM report on the manufacturing sector and the release of a dovish set of minutes from the Fed's December meeting.
bank both change hawks monetary next policy provides report unlikely
Today's report provides something for both the hawks and the doves on the Monetary Policy Committee. It is, however, unlikely to precipitate a change of policy when the Bank next meets.
although expect hold leave meets policy split vote
We still expect the MPC to leave policy on hold when it meets in November, although a split vote is likely.
academic business environment king proves
This proves it is not just the Mervyn King show. In any academic or business environment you are always going to have at least two views; that's what makes markets.