Any move could be counter productive for OPEC, ... They need strong economies to maintain demand. |
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. |
Global imbalances have become wider over the past few years. The risk is significant of a sharp adjustment. |
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. |
If the headwinds from energy costs fade, the sky for growth should start to clear a little bit, |
If the headwinds from energy costs fade, the sky for growth should start to clear a little bit. |
It really is a case of taking a sledge hammer to crack a nut. |
It's an encouraging sign, |
Some central bankers perhaps are not seeing growth as strong as the survey data suggest. |
The creative imperative seems to be directed at getting around government regulations. |
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, |
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. |
There could be quite a lively debate. |
There is already a lot of flexibility built into the pact. |
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. |