David Brown Growth Quotations

There is a multiplicity of reasons why the ECB has eased again and by so much. Critically the euro zone fundamentals have been crying out for lower rates for quite some time, with growth momentum slowing in the EMU area, Germany close to a double dip recession and inflation set to slow dramatically next year.

There is a multiplicity of reasons why the ECB has eased again and by so much, ... Critically the euro zone fundamentals have been crying out for lower rates for quite some time, with growth momentum slowing in the EMU area, Germany close to a double dip recession and inflation set to slow dramatically next year.

What leads the U.K. economy out of weak growth is generally the consumer, and the consumer is not in that fit state to pump the economy to 2.5% or 3% growth.

The bottom line for German growth this year is that recovery momentum is flagging with GDP likely to rise by no more than 0.8 percent in 2005,

It looks like Mervyn King is getting it wrong on UK growth, inflation and interest rate policy,

Consumer sentiment and failing confidence is going to be a big blot on the growth landscape in 2003,

Economic confidence is weak because of high oil prices, but all that will change once oil is back down to $20 a barrel. But the economy is strong: we expect growth of about 3 percent this year and at least 3.5 percent next year.

In addition, the earnings from securities purchased in 2005 and the first quarter of 2006 added to profitability, but slowed growth in the net interest margin. We continue to employ hedging strategies to protect net interest income should short-term interest rates decline.

The manufacturing sector looks as if it is over the worst of its recent slowdown, U.K. GDP growth is still lively and the recent plunge in the pound could tilt the scales back towards increased inflation risk in future,

The first impressions are that the headline figure looks a lot softer than expected but if you add in the previous month's revisions it's still pointing towards a solid recovery and U.S. growth being on a solid footing.