Howard Archer

Pretty healthy retail sales growth in November reinforces belief that consumer spending is picking up to some extent, and reduces read more

Pretty healthy retail sales growth in November reinforces belief that consumer spending is picking up to some extent, and reduces the case for a near-term interest rate cut.

This is still a pretty benign report overall and broadly in line with Bank of England expectations contained in the read more

This is still a pretty benign report overall and broadly in line with Bank of England expectations contained in the February Inflation Report.

What happens after the October meeting is far from clear.

What happens after the October meeting is far from clear.

The evidence of marked improvement in the manufacturing sector further guarantees there will be no interest rate cut this Thursday. read more

The evidence of marked improvement in the manufacturing sector further guarantees there will be no interest rate cut this Thursday. Indeed, we admit it is looking increasingly questionable whether interest rates will be trimmed further.

It currently seems a pretty safe bet that interest rates will not change for several more months to come, if read more

It currently seems a pretty safe bet that interest rates will not change for several more months to come, if at all this year.