Michael Saunders Quotes

The ECB is likely to hike rates again in 2006, but, unless sterling plunges or equities soar, the MPC probably will cut again.

- Michael Saunders

Tags

Hike | Rates | 2006 | Sterling | Plunges |

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The Caribbean is the new hot spot. - Michael Saunders

It is a reminder that the Government has been running a sizeable off-budget deficit via PFI deals and deficits in businesses that are really government-run but structured in a way that aims to technically keep them out of the public sector deficit. - Michael Saunders

As a result, 2006 probably will see only a modest pick-up in economic growth, rising unemployment and, with public spending still growing quite rapidly, another overshoot in the fiscal deficit. - Michael Saunders