39 ordspråk av Holger Schmieding

Holger Schmieding

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They were slightly more dovish than I expected. There is a bit of a conflict between the bank's statement, and the numbers they gave.

The evidence on U.K. consumption remains contradictory. Some data such as weak consumer confidence and the reluctance to use credit cards point to further weakness ahead. However, the modest rebound in the real estate market and anecdotal evidence of satisfactory Christmas indicate a modest strengthening in spending.

Faced with an extremely high euro and high wage costs, the companies stepped up their restructuring. When the euro declined last year, they suddenly found they could take on the world quite easily.

Germany is reaping the fruits of wage restraint and painful structural reforms. In addition, the change in government seems to have improved the business climate even if Merkel has so far done hardly anything in terms of serious economic reforms.

Having been the sick man of Europe for much of the last decade, Germany is, for once, resuming its traditional role of a motor of economic development in the heart of Europe.

Growth looks more likely to stay below than to rise above 2.5 in the foreseeable future. A further decline in inflation, coupled with mediocre growth, will likely tilt the balance towards further rate cuts later this year.

Slow growth last year is still affecting the labor market.

Six quarters of mostly below-trend growth are taking their toll. The trend in rising unemployment and muted wage pressures suggests underlying inflation in the UK could ease further, keeping the door open for a possible rate cut later this year.

There could have been a heated discussion, with the doves preventing the acceleration in the pace of rate hikes the hawks may have wanted.

It is unlikely now that Germany and Italy will move ahead on the crucial issue of dismissal rules.

We've just had the worst 24 hours for the European reform outlook in a long, long time.

The last 24 hours were the worst setback for reform hopes in Europe in a long time.

The orders data confirm that demand is very robust and we expect a significant acceleration in output growth shortly.

A May rate hike remains unlikely, in our view.

I dislike the V.A.T. hike tremendously.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Här har vi samlat ordspråk i 12882 dagar!

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