“The faltering global recovery means we would not be surprised to see a rate cut, but with the UK having held up well... we stick to our forecast for rates to remain on hold.”
“"The cradle of modern democracy but was now, on some measures, the most centralised country in Europe, bar Malta".”
British Deputy Prime Minister Nick Clegg
“They are not going to raise rates till probably next fall, if that, assuming that the recovery continues to gather momentum.”
“Intel was really the harbinger about the tone of the recovery, when it comes, and that means it's not going to be very robust.”
“The fall in imports of capital equipment means that growing exports still do not translate into a domestic recovery.”
“Now, with the economic recovery appearing to be somewhat in place and the central bank not lowering rates, we see people trying to get in at the gates before rates start to rise.”
“Courage consists in the power of self-recovery.”
Ralph Waldo Emerson
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