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. - Lorenzo Codogno Quotes
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. Lorenzo Codogno
 

More - Lorenzo Codogno Quotes

They were very keen to start the process early, ... But once they start, they may not continue at a rapid rate. - Lorenzo Codogno Quotes

They were very keen to start the process early, ... But once they start, they may not continue at a rapid rate.

Lorenzo Codogno

 
To be fair with Schroeder, he tried and by European standards he did do more than other governments in the past few years. But the problems in Germany are more entrenched now. - Lorenzo Codogno Quotes

To be fair with Schroeder, he tried and by European standards he did do more than other governments in the past few years. But the problems in Germany are more entrenched now.

Lorenzo Codogno

 European
The main message here is that the recovery is becoming more fragmented. (But) we should not be misled by a few bad numbers. The conditions are in place for some recovery in the first part of this year. - Lorenzo Codogno Quotes

The main message here is that the recovery is becoming more fragmented. (But) we should not be misled by a few bad numbers. The conditions are in place for some recovery in the first part of this year.

Lorenzo Codogno

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

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

Lorenzo Codogno

 Growth
There are a number of countries that are increasingly uneasy about competitive pressures coming from Asia, and the softening of domestic industry. - Lorenzo Codogno Quotes

There are a number of countries that are increasingly uneasy about competitive pressures coming from Asia, and the softening of domestic industry.

Lorenzo Codogno

 Asia
The debate may not have changed significantly the chances of victory of the two coalitions. - Lorenzo Codogno Quotes

The debate may not have changed significantly the chances of victory of the two coalitions.

Lorenzo Codogno

 Debate
Services and probably consumer spending drove the increase in GDP. It makes a rate cut less likely for the moment. - Lorenzo Codogno Quotes

Services and probably consumer spending drove the increase in GDP. It makes a rate cut less likely for the moment.

Lorenzo Codogno

 
We believe that the long-awaited shift from soft to hard data is evidence of a recovery in euro zone private consumption has started, and will likely proceed gradually and modestly over the coming months, in line with the expected improvement in household real disposable income. - Lorenzo Codogno Quotes

We believe that the long-awaited shift from soft to hard data is evidence of a recovery in euro zone private consumption has started, and will likely proceed gradually and modestly over the coming months, in line with the expected improvement in household real disposable income.

Lorenzo Codogno

 
The probability of a February hike looks very small, but that of a tightening in March remains high in our view. - Lorenzo Codogno Quotes

The probability of a February hike looks very small, but that of a tightening in March remains high in our view.

Lorenzo Codogno

 
We don't see any change this year. Economic indicators seem to suggest there will be no change in interest rates in the short term. - Lorenzo Codogno Quotes

We don't see any change this year. Economic indicators seem to suggest there will be no change in interest rates in the short term.

Lorenzo Codogno

 
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