Howard Archer Quotes

The GDP data (is) unlikely to be weak enough to prompt the MPC into cutting interest rates in November.

- Howard Archer

Tags

Data | Weak | Prompt | Cutting | Interest |

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This is likely to put a floor under house prices, but we remain highly doubtful that house prices will move substantially higher on a sustained basis any time soon. If house prices start to accelerate markedly, we believe buyer interest will soon diminish, thereby keeping a lid on prices. - Howard Archer

Retail sales were significantly healthier than expected in September and August's sales were revised up, going a long way to killing off already fading hopes of a November interest rate cut. - Howard Archer

Manufacturers will be hoping that healthier growth in the euro zone and a recently softer pound will increasingly feed through to give them with a significant boost in 2006. - Howard Archer