42 ordspråk av Lorenzo Codogno

Lorenzo Codogno

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The probability of a February hike looks very small, but that of a tightening in March remains high in our view.

Services and probably consumer spending drove the increase in GDP. It makes a rate cut less likely for the moment.

In order to move interest rates higher, the ECB needs to be confident about the sustainability of the economic upswing, especially on the consumer side.

It's a stellar performance, a very strong reading. It means a March rate hike is a done deal.

A March rate hike is a done deal.

Mind the Gap between Soft and Hard Data.

Protectionism remains the major threat to global growth.

There are a number of countries that are increasingly uneasy about competitive pressures coming from Asia, and the softening of domestic industry.

The debate may not have changed significantly the chances of victory of the two coalitions.

As January data are inflated by a growing tendency towards gift vouchers over Christmas, which are then turned into purchases afterwards, a return to normal in February is likely to show up in more subdued sales.

Italy's economy has become a real problem and tackling the issues head-on will require a strong government, not one that may be forced into compromises.

The underlying trend is encouraging and will likely continue.

We believe that the long-awaited shift from soft to hard data is evidence of a recovery in euro zone private consumption has started, and will likely proceed gradually and modestly over the coming months, in line with the expected improvement in household real disposable income.

With a long-term horizon it will certainly change the situation, not only in Japan but globally ... because reduced liquidity is available for purchase of financial assets.

It was much more balanced than the first debate which Berlusconi clearly lost. This time I think there was no clear winner and I'm sure both sides will claim victory.

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