George Buckley Quotes

Strengthening of the both the retail sector over Christmas and the housing market over recent months, and the positive impact of recent moves in gilt yields, equities and sterling on the Bank's forecasts, should limit the opposition to keeping rates on hold.

- George Buckley

Tags

Strengthening | Retail | Sector | Christmas | Housing |

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This points to interest rates on hold, at least in the near-term. But we continue to expect that the pressure for a further move will build later in the year as the global economy slows and domestic demand fails to inspire. - George Buckley

If you look at the underlying numbers you'll see that underlying trade has improved. It looks like exports have improved quite a bit. - George Buckley

The sell-off at the short end (of the yield curve) is understandable in light of this data, with the market now pricing 50 basis points of rate hikes by the end of next year. - George Buckley