Howard Archer

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.

Nevertheless, limited core inflation in January will not deter the ECB from hiking interest rates by a further 25 basis read more

Nevertheless, limited core inflation in January will not deter the ECB from hiking interest rates by a further 25 basis points on Thursday.

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.

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.

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.