The prospect for weak jobs data in Friday's monthly national report, as well as the continued news of Europe confronting its own banking crisis, suggested additional future moves to ease monetary policy to some market analysts.
Sir Christopher, who is a Greek-Cyrpriot, however, sounded a downbeat note on the prospects for the weaker members of the eurozone, despite many official and financiers in Davos arguing that worst of the crisis is past.
Absent a fresh approach, prospects for the weaker economies are grim — a grinding down of government budgets and private-sector wages in a perhaps vain effort to become competitive with Germany (what the Europeans euphemistically call "internal devaluations").
The doubling of out-of-pocket medical expenses for employees of large companies since 1998, coupled with prospects for a weaker economy, seems logically correlated to recent volume trends.
"The prospect remains for weak growth," the report said.
The real problems are the absence of a credible plan to deal with errant countries (as the Germans have recognised), the structural imbalances between Germany and the less competitive southern members and, most of all, the miserable growth prospects for those poorer, weaker southerners, made worse by their fiscal retrenchment.
The prospects for landlords remain weak in some European cities like Frankfurt.
By the time of the Kerry-Weld race, Kerry's prospects for reëlection seemed weak.
He continued, "although the preconditions for recovery remain in place," prospects for British exports were "weaker than previously expected".
However, the weaker prospects for confidence, household incomes and the labour market mean that we do expect some modest falls in house prices".
