The fall in unemployment is a bit of a surprise. There are no signs for the time being that wage inflation is picking up although the numbers next month will be critical.
More Quotes from Philip Shaw:
Children might inherit certain genes that incline them to interact with their environment in very 'stimulating' ways. This stimulation could then influence brain development. . . . What is less likely is the idea that we are born with a certain set of genes which 'fix' at birth our intelligence and the trajectory of our brain development.Philip Shaw
The strength of high street activity during the month (November) reflects an abrupt turn in the weather driving demand for winter wear.
Philip Shaw
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.
Philip Shaw
The debate over rates will continue to intensify over the coming months, not least as the committee has received downside surprises from output and upside surprises from inflation.
Philip Shaw
The rebound so far this year is unconvincing and that has to place a question mark against the Bank of England's optimism for a recovery in consumption this year.
Philip Shaw
What this suggests is that we may have already seen the peak of headline inflation.
Philip Shaw
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Based on Topics: Time Quotes, Unemployment QuotesOnly truthful hands write true poems. I cannot see any basic difference between a handshake and a poem.
Paul Celan
War has rules, mud wrestling has rules - politics has no rules.
Ross Perot
Peace hath higher tests of manhood, than battle ever knew.
John Greenleaf Whittier