Cable slips to 1.6175 on comments.

  • Q1 GDP figures worse than expected, “something of a disappointment”
  • Sure MPC will take Q1 GDP figures into account at next meeting
  • Recent news on inflation has not been good, MPC will take this into account

Smells like stagflation to me…….

So tomcat, whose your daddy!!! I’m glad I’m just a mediocre name…..