Howard Archer Several Quotations

It currently seems a pretty safe bet that interest rates will not change for several more months to come, if at all this year.

Year-on-year growth of 2.2-percent exactly matched the Bank of England's forecast... reinforcing expectations that interest rates are set to remain unchanged for several more months to come.

While the February mortgage lending and approval data are relatively healthy, there are hints that housing market activity could be starting to lose momentum after several months of improvement.

The testimonies to the Treasury Select Committee reinforce the impression that interest rates are set to remain on hold for several months to come.