The problem is that the markets were so pessimistic at the start of the year that they now risk overshooting in the other direction. If these [heightened] expectations take hold, there is a danger that they could push up the euro too fast. -Alison Cottrell

 

The problem is that the markets were so pessimistic at the start of the year that they now risk overshooting in the other direction. If these [heightened] expectations take hold, there is a danger that they could push up the euro too fast.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 4 total Alison Cottrell quotes in our collection. Alison Cottrell is known for saying 'The problem is that the markets were so pessimistic at the start of the year that they now risk overshooting in the other direction. If these [heightened] expectations take hold, there is a danger that they could push up the euro too fast.' as well as some of the following quotes.

A rate-hike response by the ECB would not have achieved much [and would have been] counter-productive in slowing European growth.

Alison Cottrell

There is clearly more tightening just around the corner.

Alison Cottrell

I don't think the ECB will cut rates today simply because they're still trying to get a grasp on what happenings in the EMU economy and secondly because the softer euro is doing some of the policy relaxation for them.

Alison Cottrell