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Letter "K" » Ken Wattret Quotes
«The (second-quarter) numbers are nothing to shout about, and they could have been worse, ... We can expect the third quarter to be subdued and possibly a better fourth quarter.»
«It's the lowest level of growth for almost a decade and the government had indicated it was expecting something in the region of 3 percent,»
«So the fact we got growth of about half a percent tells you how poor the performance was over the last year.»
«The data tells us that recovery is on its way, but it's not booming growth.»
«It was above 50 before the Iraq war started, and now that downward reaction to the war has been unwound. Are we likely to see sustained long-term growth? That's still uncertain.»
«In terms of fiscal policy very little is expected from the budget.»
«This will encourage the ECB to lower rates sooner rather than later, ... Their own growth target (for the euro zone) is 2 1/4 to 2 1/2 percent. They won't achieve that now.»
«There is a risk going forward that if sterling remains exceptionally strong particularly against the euro, that will knock the recovery in the U.K.,»
«The signals were very explicit, given the weakness of the euro and pressure on inflation starting to come through,»
«Whatever happens the euro will fall, ... Even an aggressive move - half a percentage point - wouldn't help, and then they'll have used all their ammunition up.»