Philip Shaw Quotes

Although it is clear the Bank is planning to keep rates on hold for now, our view is the MPC is still too optimistic on growth.

- Philip Shaw

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Clear | Bank | Planning | Rates | Hold |

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While we believe the recent run of stronger high street spending will peter out, a majority of MPC members may differ and we expect official rates to remain on hold at 4.5 percent. - Philip Shaw

This underpins our view that interest rates will have to come down again although the MPC caution on inflation suggests that's not going to happen until early next year. - Philip Shaw

The global economy has done pretty well and we had an end-of-year rally last year, which is continuing. - Philip Shaw