The BBC's economics editor Hugh Pym said that this meant "in other words, interest rate rises couldn't be ruled out".

BBC: Bank governor offers bleak view

" As one former editor quipped, "Michaels could edit the Lord's Prayer down to six words and nobody would miss anything.

FORBES: James W. Michaels

Before that, he worked in marketing and remains enthralled by the power of words a power he counts himself lucky to deploy daily as U.S. Editor of The Next Web.

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