50 Quotes by Steve Barrow

The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.

The ECB needs to raise interest rates to stop a big slide in the euro, ... We doubt the German economy will slow down as is predicted.

The ECB is in a no-win situation. If it cuts rates it will be accused of taking risks with inflation, and if it doesn't cut rates, it will be accused of not caring about growth. It's boxed in.

The market will be interested to see whether any members expressed opinions about the likely end of the cycle.

The market, looking for a move down to 85 in the Michigan data, is maybe not pricing in the full risk of a significant slow-down...I think the dollar is vulnerable to a weaker number.