Simon Rubinsohn
Simon Rubinsohn
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.
discussion inflation influenced likely meeting
Discussion at the meeting is likely to have been heavily influenced by the forthcoming inflation report.
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.
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.