Howard Archer Reinforce Quotations

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

If this is confirmed, it will reinforce our suspicion that the December performance was inflated by many consumers opening their wallets to treat their families and themselves at Christmas having held back their spending over much of 2005.

This is likely to reinforce the central bank's concern that any further trimming of interest rates could excessively stimulate the housing market and risk send housing prices markedly higher.