Howard Archer

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.

What happens after the October meeting is far from clear.

What happens after the October meeting is far from clear.

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.

Overall, the mortgage approvals and lending data indicate that the more robust housing market activity evident in the second half read more

Overall, the mortgage approvals and lending data indicate that the more robust housing market activity evident in the second half of 2005 has continued into 2006.

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.