Philip Shaw Quotes
10 Philip Shaw quotes:
"The economy has been growing at a sub-par pace for five quarters now and we cannot see that situation changing over the next year or so."
Category:
"The PMI is a big upside surprise ... and is at least hinting that services growth stepped up at the end of last year."
Category:
"The main point though is that output growth has now been below trend for five quarters and we can't see that changing over the next year or so,"
Category:
"Everybody's looking toward consumer confidence in the States tomorrow, followed by other data later in the week."
Category:
"The main message here is the unremitting strength of the mortgage market."
Category:
"I was surprised that the relationship between intelligence and brain structure changed so much as a child grows up. In early childhood, the smartest children had a thinner cortex -- this is the opposite of what you'd expect. By late childhood, the pattern had changed completely."
Category:
"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."
Category:
"And we find the most intelligent children started off with a relatively thin cortex, but it then got thicker relatively rapidly, reached its peak thickness in certain key areas several years later but then also got thinner quicker."
Category:
"The figures are better than expected and although petrol prices have come down, there is an improvement in core rate of inflation."
Category:
"Although it is clear the Bank is planning to keep rates on hold for now, our view is the MPC is still too optimistic on growth."
Category: