Quotations
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Howard Archer Quotes
«This is a really stunning retreat in retail sales. It reinforces our belief that the Bank of England is too optimistic about consumer spending.»
Author: Howard Archer
«While the CBI survey indicated a marked softening in consumer spending following the relatively strong December performance, it nevertheless indicated a significantly stronger performance than that seen overall in recent months.»
Author: Howard Archer
«With economic growth likely to remain below trend in the near term at least and unemployment set to continue rising, there is a very real danger that individual insolvencies and mortgage repossessions will climb markedly further over the coming months.»
Author: Howard Archer
«The MPC still has to see conclusive sustained evidence that 2006 pay settlements are remaining contained.»
Author: Howard Archer
«The slowdown in euro zone growth will not deter the ECB from raising interest rates in March and a further hike remains very likely in June.»
Author: Howard Archer
«The immediate impression is that the inflation report is pretty neutral, and it does little to encourage the view that the MPC could trim rates in the immediate future.»
Author: Howard Archer
«This increased housing market activity has clearly led to some recent firming in house prices, and there is undeniably a risk that prices could move sharply higher over the coming months.»
Author: Howard Archer
«The minutes pour more cold water over the prospects for a near-term interest rate cut.»
Author: Howard Archer
«The strength of the public finances in January effectively guarantees that Brown will be able to avoid making any major tax hikes or significant spending cutbacks in March's budget.»
Author: Howard Archer
«While the fourth quarter GDP data and the relatively healthy mix of the components further diminishes the chances of a near-term trimming of interest rates, we still believe a 25 basis point interest rate cut is very possible in May.»
Author: Howard Archer