Press Room
Premier Partners Group: suggests anemic growth means UK rates unlikely to increase until 2012.
“Premier Partners Group” believes that, although the Bank of England's base rate has stood at 0.5% since March 2009, it is unlikely to increase them until 2012 at the earliest. “An increase in interest rates would help to bring down the consumer prices index (CPI) measure of inflation, which has hit 4.5pc but the MPC (Monetary Policy Committee) cannot afford to squeeze an economy that is still coming to terms ...
"Premier Partners Group" – IEA Action “Exercise In Futility” …
“Premier Partners Group” says that the efforts of the International Energy Agency to drive down the price of crude oil have proven to be “an exercise in futility”. Billed as compensation for the loss of Libyan oil production, the move was widely regarded as a political rebuke to OPEC member states like Venezuela and Iran for failing to agree to oil production increases at the cartel’s meeting in Vienna, Austria ...
Premier Partners Group – ECB Turns Screw On Greece
The European Central Bank has raised interest rates again but even when combined with April’s 0.25% hike, the rises aren’t so much of a big deal until one examines the effects on countries perched on the periphery of the EU bloc. Paul Bossard, Head of International Development at “Premier Partners Group”, says “It means that the ECB is concerned about inflation even if the likes of the US Federal Reserve and the Bank of ...
“Premier Partners Group” – IEA’s Efforts Will Prove Futile
“Premier Partners Group”: The world's global energy watchdog may have been firing blanks when it released extra oil onto the global market. “Premier Partners Group” is reportedly skeptical that the 60 million barrels of crude oil it has authorized for emergency deployment into the global marketplace is unlikely to provide lasting downward pressure on oil prices. The IEA’s surprise move came some two weeks after the last ...