By stepping outside the majority view, he undermines his own credibility. He just becomes another member on the committee.
More Quotes from Stuart Thomson:
U. K. data has been weaker than expected, but investors don't believe this will be enough to persuade the bank to cut rates. This leaves gilts vulnerable.Stuart Thomson
The European Central Bank will raise rates by a quarter- point per quarter. The market probably has more to do in terms of discounting that.
Stuart Thomson
This week's data is proof that the hawks in the Monetary Policy Committee are wrong, giving gilts support this week.
Stuart Thomson
Demand is vastly outstripping supply. It's not surprising that some of the dealers are going to the DMO because it's difficult to make a market in these conditions.
Stuart Thomson
With demand still weak, there's room to cut rates in the first half of next year. That'll keep yields around 4 percent for 10-year gilts.
Stuart Thomson
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Based on Topics: Committees Quotes, Majority & Minority QuotesI wore a woman's antique fur jacket to my high school junior prom.
Lance Loud
A politician is an arse upon which everyone has sat except a man.
e. e. cummings
Demoralize the enemy from within by surprise, terror, sabotage, assassination. This is the war of the future.
Adolf Hitler