Ross Walker Quotes

If the recent trends of muted wage inflation, deteriorating employment and industrial recession persist, we would expect the current downside monetary policy bias to translate into a cut in base rates. Our forecast is for one more quarter point reduction, in May.

- Ross Walker

Tags

Trends | Muted | Wage | Inflation | Deteriorating |

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Evidence of stronger consumer demand over Christmas probably means the hawks can hold the line in February, but the risks for base rates remain skewed to the downside. - Ross Walker

This suggests more weakness and casts doubt on the sustainability of stronger consumer spending. The Bank of England's growth forecasts look a bit optimistic. - Ross Walker

To some extent jobs created in the public sector will compensate for job cuts in the private sector. - Ross Walker