Lorenzo Codogno
Lorenzo Codogno
change economic interest rates seem short suggest
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.
hike march rate
A March rate hike is a done deal.
course despite domestic ease further headline inflation likely oil performance price rate remains
Despite oil price tensions and strengthening domestic demand, the inflation performance remains subdued. Barring another oil spike, the headline rate is likely to ease further during the course of the year.
confident consumer economic interest move needs order rates
In order to move interest rates higher, the ECB needs to be confident about the sustainability of the economic upswing, especially on the consumer side.
hike march means rate stellar strong
It's a stellar performance, a very strong reading. It means a March rate hike is a done deal.
consumer cut drove increase less likely rate services spending
Services and probably consumer spending drove the increase in GDP. It makes a rate cut less likely for the moment.
both demand due largely market oil prices rate recognize remains risk supply vulnerable
We don't see another rate rise, but we recognize that the risk is still there, due largely to oil prices -- the oil market remains vulnerable for both supply and demand reasons,
economy forced issues problem require strong tackling
Italy's economy has become a real problem and tackling the issues head-on will require a strong government, not one that may be forced into compromises.
era gone good people regret
That whole era is gone for good and not many people will regret its passing.
coming countries domestic number pressures uneasy
There are a number of countries that are increasingly uneasy about competitive pressures coming from Asia, and the softening of domestic industry.
available certainly change financial globally horizon japan purchase reduced
With a long-term horizon it will certainly change the situation, not only in Japan but globally ... because reduced liquidity is available for purchase of financial assets.
belts bill consumers economy energy increased risk
With the energy bill having increased recently, the risk is that consumers will tighten their belts over Christmas. The euro-zone economy is still at risk of a disappointing Christmas.
chances changed debate victory
The debate may not have changed significantly the chances of victory of the two coalitions.
believe coming data disposable euro evidence expected gradually hard household improvement likely line modestly private proceed recovery shift soft zone
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.