'There’s no doubt that the overall sentiment has improved massively, with a positive outlook for the second half of the year'
'There’s no doubt that the overall sentiment has improved massively, with a positive outlook for the second half of the year'
Section: Opinion
Andrew Gething, managing director at MorganAsh:
“The decision to hold rates is as much a response to sticky inflation, wage growth and macro-challenges, as it is a way to tell businesses and economists to hold its horses.
“There’s no doubt that the overall sentiment has improved massively, with a positive outlook for the second half of the year.
“However, the bank has to carefully balance an improving picture with a re-acceleration in spending and any potential external shocks.”