“Discussion at the meeting is likely to have been heavily influenced by the forthcoming inflation report.”
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“The household spending number highlights the risks facing the consumer sector,”
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“The debate on interest-rate cuts is still a live one.”
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“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; thats what makes markets.”
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“We still expect the MPC to leave policy on hold when it meets in November, although a split vote is likely,”
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“We still expect the MPC to leave policy on hold when it meets in November, although a split vote is likely.”
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“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 Feds December meeting.”
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“Todays 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.”
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