12 Quotes by Gavin Friend

The U.K. economy will probably perform under trend again next year. The pound will fall early next year.

The hike... was in line with expectations, but by raising inflation and growth forecasts for 2006/2007, the window of opportunity for further rate hikes remains open.

All the signals are pointing to a weaker dollar and today's data could precipitate more selling. There's no doubt that the Fed is close to the end.