Howard Archer

What happens after the October meeting is far from clear.

What happens after the October meeting is far from clear.

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.

In economic terms at least, Wednesday's budget seems set to be a very low key affair.

In economic terms at least, Wednesday's budget seems set to be a very low key affair.

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 underpins our belief that the Bank of England is too optimistic on the growth outlook and will eventually end read more

This underpins our belief that the Bank of England is too optimistic on the growth outlook and will eventually end up trimming interest rates by a further 25 basis points.