13 ordspråk av Stephen Webster

Stephen Webster

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I'm a bit surprised it fell because the outlook is favorable. Analysts are probably overreacting to the prospect of higher interest rates.

Inflation is a global threat. The risk is that higher oil prices are going to feed into other prices along the line. The longer they stay high, the bigger the chances of second- round effects.

I get the funny feeling they didn't realize how bad things were.

The recovery is proceeding at a good rate. The economy is on course for a move towards its potential growth rate of 2 percent.

Pipeline prices are easing, but because companies weren't able to put up prices a lot when oil was rising, they may not cut them so much when the pendulum swings the other way.

It's a good, solid report. It suggests the oil price rise is not impacting massively in a negative way on the euro-zone.

It's a good, solid report. It suggests the oil price rise is not impacting massively in a negative way on the euro zone.

It suggests the oil price rise is not impacting massively in a negative way on the euro zone.

Manufacturers have probably adapted to rising oil prices, and the drop in the euro is part of the reason why. There's still too much uncertainty in the outlook for the ECB to raise rates.

I'm more optimistic about growth in the euro region. If growth continues through 2006, we'll see a further improvement in the employment picture, which would make the euro region even stronger.

The ECB will raise interest rates next year, but I don't think it will have an unfavorable effect on financing conditions. The whole outlook is more favorable in terms of investment through 2006.

It's energy prices that are holding up inflation and may be pushing it higher.

The outlook is more positive than it's been for some time. Germany is providing the motor for growth at the moment. Assuming it continues to perform well, we would expect growth in the euro-zone of around 2 percent this year.

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