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Lorenzo Codogno Quotes

«This could provide a small additional backing to the idea that the euro zone economy is recovering and therefore might support an early hike,»
«I think we're going to have poor earnings data in the future, but the proactive tax cut [planned by U.S. President Bush] and the rate cut will have a positive impact on the economy,»
«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.»
«The main reason for the euro rebound is the sharp slowdown in the U.S. economy, ... The European economy is slowing, but the deceleration is going to be much quicker and harder in the U.S.»
«The combination of high inflation and somewhat slower growth is certainly the worst thing for the euro,»
«Policy makers are not doing their job properly in order to support the euro,»
«The combination of high inflation and somewhat slower growth is certainly the worst thing for the euro.»
«Policy makers are not doing their job properly in order to support the euro.»
«I think we're going to have poor earnings data in the future, but the proactive tax cut [planned by U.S. President Bush] and the rate cut will have a positive impact on the economy.»
«This could provide a small additional backing to the idea that the euro zone economy is recovering and therefore might support an early hike.»

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