31 Quotes by Holger Schmieding

There is a reasonable chance of the bank cutting rates.

Six quarters of mostly below-trend growth are taking their toll. The trend in rising unemployment and muted wage pressures suggests underlying inflation in the UK could ease further, keeping the door open for a possible rate cut later this year.

I dislike the VAT hike tremendously, I don't think it's necessary.

Growth looks more likely to stay below than to rise above 2.5 in the foreseeable future. A further decline in inflation, coupled with mediocre growth, will likely tilt the balance towards further rate cuts later this year.

French unemployment is stabilizing. We see further declines in the jobless rate.

Whatever the color of Germany's new government will ultimately be, the pace of structural reforms is likely to be slow.

We think around 4.5 percent is the adequate level for U.S. interest rates -- you could call it a neutral level -- and as there are modest inflation risks in the U.S., we expect the Fed to go slightly beyond that to 4.75.

We may still get a deal but it may not be thorough enough.

Merkel is chancellor, and she is reform-minded; we shouldn't forget that.