55 Quotes by Philip Shaw

Both the input price and prices charged components are up on the month as well so this reduces the chance that rates will come down over the next couple of months.

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.

This was extraordinarily weak, even taking into account the seasonal unreliability of the data.

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.

We found that the cortex showed a different pattern of development.

What this suggests is that we may have already seen the peak of headline inflation.

We will see nervous trading ahead, as we have seen from Cisco that the worst is not yet over for corporate earnings.

We think the chances of a hike next week are virtually zero.

Continued developments in Iraq will be the main factor driving markets.