22 ordspråk av Julian Callow
Julian Callow
Any move could be counter productive for OPEC, ... They need strong economies to maintain demand.
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At that time, it was painfully obvious that the American economy was showing tremendous resilience when the Fed began tightening. Europe has nothing like that now.
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Global imbalances have become wider over the past few years. The risk is significant of a sharp adjustment.
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Hopes of a change after the likely election in September, the stock markets and the global economy are all contributing to what is a significant increase.
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If the headwinds from energy costs fade, the sky for growth should start to clear a little bit,
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If the headwinds from energy costs fade, the sky for growth should start to clear a little bit.
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It really is a case of taking a sledge hammer to crack a nut.
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It's an encouraging sign,
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Some central bankers perhaps are not seeing growth as strong as the survey data suggest.
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The creative imperative seems to be directed at getting around government regulations.
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The ECB is getting toward a position of priming the markets for a future rate increase, but they don't want to say that explicitly because there have been false dawns before,
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The ECB is getting toward a position of priming the markets for a future rate increase, but they don't want to say that explicitly because there have been false dawns before.
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There could be quite a lively debate.
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There is already a lot of flexibility built into the pact.
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There seems to be acceptance that the big three central banks envisage further tightening. The G-10 appears confident about the pace of economic expansion.
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