Consumer credit growth was again relatively muted in September, pointing to continuing consumer caution,
More Quotes from 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.Howard Archer
The climb in annual house price inflation to 2.5 per cent in November from a nine-year low of 1.8 per cent in October reported by the ODPM adds to the recent evidence that house prices have firmed to a limited degree recently amid stronger housing market activity and increased buyer interest.
Howard Archer
This very much keeps the door open for an interest rate cut in February.
Howard Archer
UK imports of goods excluding oil ... rose for a fourth successive month in February, and by substantial 4.5 percent, suggesting that domestic demand may have surprised on the upside in the first quarter.
Howard Archer
The underlying picture that seems to be emerging is that consumer spending will be reasonably healthy over the Christmas period. If borne out by hard data, this dilutes the case for an interest rate cut early in the New Year.
Howard Archer
Retail sales were significantly healthier than expected in September and August's sales were revised up, going a long way to killing off already fading hopes of a November interest rate cut,
Howard Archer
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Based on Topics: Moderation & Temperance QuotesMy father was never anti-anything in our house.
Errol Flynn
Why can we remember the tiniest detail that has happened to us, and not remember how many times we have told it to the same person.
Francois de La Rochefoucauld
Until one has loved an animal a part of one's soul remains unawakened.
Anatole France