16 Quotes by Neil MacKinnon

There is a whiff of stagflation here that will be disconcerting for financial investors.

Whatever differences they've had, there does seem to be the same concern about inflation.

I think that looking forward we'll start to see strong economic growth, ... I'm fairly optimistic that the economy will start to pull through in the next 12 to 18 months.

It is encouraging that the recovery is starting to build and today's data supports the prospect of a rate hike soon.

We've had a dollar sell-off in the latter half last week and a little bit of profit taking in late London trading.

Even allowing for the GDP upward revision, the data today has generally been regarded as disappointing and take the steam out of the dollar.

Anything that would suggest a deteriorating appetite for US financial assets would undermine the dollar.

As far as interest rates are concerned, zero growth puts a 50 basis points cut back on the agenda at this week's Federal Open Market Committee meeting.

This is a disappointing release ahead of the Fed meeting, but I don't think it will derail a rate hike next week.