George Buckley Quotes (26 Quotes)


    We hear there's a lot of support, but people don't know what to do or how to get the information.

    The prospects for a rate cut have certainly increased. You have weaker inflation and in addition there are risks to gross domestic product growth.

    Certainly a rate cut looks out of the question any time soon.

    Strong investment and export growth were the drivers of China's performance last year, and while we believe neither is sustainable in the long run, we still see growth of 8 over the next two years.

    It's a larger fall than we anticipated. This is pretty weak stuff.


    Following last week's fully anticipated decision to keep rates on hold, the February inflation report meeting might prove more contentious, depending on how the next two weeks of data turn out.

    The sell-off at the short end (of the yield curve) is understandable in light of this data, with the market now pricing 50 basis points of rate hikes by the end of next year.

    The January numbers looked overly weak, in light of recent developments in the housing market so some recovery in these figures was to be expected.

    We will be putting a lot of gas in the tank here. Our foot will be all the way down on the accelerator. We won't miss one iota of growth we can get.

    How all of these factors will impact on the western economies only time will tell, but suffice to say that the UK will face some important challenges from Asia over the years to come.

    An improvement in the outlook for the services sector, a stronger housing market and expectations of a reasonable Christmas for retailers should be enough to keep the Bank of England on hold (in January).

    We are conscious that the data will need to weaken significantly from current levels before the committee would feel comfortable with easing policy.

    You're going to go through a rough patch through the next six to 12 months. Inflation is going to be boosted by higher oil prices. There is a clear upward trend.

    I think these minutes are fully consistent with them having to wait until next year.

    The general picture from the housing market has not changed,

    If you look at the underlying numbers you'll see that underlying trade has improved. It looks like exports have improved quite a bit.

    Energy bills are going up, people are worried about their pensions and the labor market is loosening. All of those are reasons why the consumer may not be as strong going forward.

    Increased foreign competition in domestic and overseas markets, alongside the strength of sterling over recent years has seemingly had a significant impact on UK manufacturers, with Asia in particular becoming a more important source of imports.

    Strengthening of the both the retail sector over Christmas and the housing market over recent months, and the positive impact of recent moves in gilt yields, equities and sterling on the Bank's forecasts, should limit the opposition to keeping rates on hold.

    I've teamed with Judy Meister of Santa Anna, who is the Coleman County coordinator. We're trying to get people to sign the petition.

    But Kinky Friedman comes across as No. 1 on my belief list.

    The more pressing need for companies to address their pension fund deficits has no doubt been an important reason for weaker investment.

    February might prove a more contentious decision, especially in light of possible downward revisions to the Bank's inflation and growth forecasts.

    After long admiring 3M for its unique culture of innovation, decades of success, wealth of technology and outstanding people, I look forward to being part of the team that will make real the tremendous potential of 3M in 2006 and beyond.

    It looks like the decline has been generated largely because of excess optimism in the housing construction market a month ago which was not sustained.

    Price growth is on a softening trend and we continue to believe that the outlook for the housing market over the medium term is one of flat to falling prices.


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