This significantlyreduces the prospects of any interest cut until at least August. Indeed, it increases the odds that the eventual next move in interest rates could be up.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total Howard Archer quotes in our collection. Howard Archer is known for saying 'This significantly reduces the prospects of any interest cut until at least August. Indeed, it increases the odds that the eventual next move in interest rates could be up.' as well as some of the following quotes.
This is still a pretty benign report overall and broadly in line with Bank of England expectations contained in the February Inflation Report.
This significantly reduces the prospects of any interest cut until at least August. Indeed, it increases the odds that the eventual next move in interest rates could be up.
The Bank of England currently seems unlikely to act before August given that growth in the first quarter appears to have been around trend, while survey evidence indicates that inflationary expectations have risen recently.
This quote is just one of 9 total Howard Archer quotes in our collection. Howard Archer is known for saying 'This significantly reduces the prospects of any interest cut until at least August. Indeed, it increases the odds that the eventual next move in interest rates could be up.' as well as some of the following quotes.