All the statistics in the world can't measure the warmth of a smile. |
As CPIX (consumer price index less mortgage costs) continues to surprise on the downside and oil prices come down, pressure to cut rates will rise again. |
Everything is lining up for a rate cut. It seems the heat is coming off the economy, with consumer demand also slowing down. |
Faron is like a big brother because he helps calm me down. He tells me to get my head together sometimes in the huddle and tells the other players to stop arguing if they are doing that. But Faron never complains about not getting the ball and doesn't brag. |
It doesn't make sense to have low inflation and a struggling manufacturing sector and not cut rates. |
It looks like manufacturing is still under pressure. We're getting to a stage of a two-speed economy where the manufacturing sector needs lower interest rates but the consumption side doesn't. |
Manuel has brought stability, he has bought long term predictability, he has brought pragmatism to the whole field of the budget and the economy. |
The different treatment that top management are getting in companies relative to the work force has been the catalyst, |
The economy is shifting from consumption to investment growth. The long commodity boom will also promote spending on construction and engineering that will grow the economy further. |
These issues are not going to be resolved overnight. There is no short-term quick fix. |
We don't have such a policy. It is very expensive to increase reserves for the sake of it. The money can be better spent on other social needs. |