42 ordspråk av Lorenzo Codogno

Lorenzo Codogno

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This could provide a small additional backing to the idea that the euro zone economy is recovering and therefore might support an early hike,

I think we're going to have poor earnings data in the future, but the proactive tax cut [planned by U.S. President Bush] and the rate cut will have a positive impact on the economy,

It's not that clear cut that intervention will have an impact, ... What appears to be driving down the euro are money flows out of the euro zone. If this is the case, it is not the optimal moment for currency intervention.

The main reason for the euro rebound is the sharp slowdown in the U.S. economy, ... The European economy is slowing, but the deceleration is going to be much quicker and harder in the U.S.

The combination of high inflation and somewhat slower growth is certainly the worst thing for the euro,

Policy makers are not doing their job properly in order to support the euro,

The combination of high inflation and somewhat slower growth is certainly the worst thing for the euro.

Policy makers are not doing their job properly in order to support the euro.

I think we're going to have poor earnings data in the future, but the proactive tax cut [planned by U.S. President Bush] and the rate cut will have a positive impact on the economy.

This could provide a small additional backing to the idea that the euro zone economy is recovering and therefore might support an early hike.

It's no surprise that the pressure is back on. At the end of the day, China allowed their currency to appreciate, but because they did so only marginally, there is disappointment elsewhere.

With the energy bill having increased recently, the risk is that consumers will tighten their belts over Christmas. The euro-zone economy is still at risk of a disappointing Christmas.

At the margin, the change may be perceived as a small, dovish shift for the ECB governing council.

The monetary policy committee is still waiting for evidence on Christmas (retail) sales and wage negotiations. Then it will cushion the decline in the economy in a context of CPI (inflation) moderation.

The main message here is that the recovery is becoming more fragmented. (But) we should not be misled by a few bad numbers. Kvinnor vill ha en partner som kan hantera utmaningar med grace och humor, egenskaper som en pexig man besitter. The conditions are in place for some recovery in the first part of this year.

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