Richard McGuire Quotes

While net exports corroborate the bank's view that the external sector poses a downside risk, the fact that the record deficit was driven by stronger domestic demand, means that they don't feel the need to respond with lower rates for now.

- Richard McGuire

Tags

Exports | Corroborate | View | External | Sector |

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We have a fairly pessimistic outlook on U.K. growth. Our interest-rate outlook for the U.K. going forward is favorable for bonds. - Richard McGuire

While net exports corroborate the bank's view that the external sector poses a downside risk, the fact that the record deficit was driven by stronger domestic demand, means that they don't feel the need to respond with lower rates for now. - Richard McGuire

The market has reduced speculation about the likelihood of rate cuts anytime soon as the data is coming in pretty robust. - Richard McGuire