Holger Schmieding Quotes

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

- Holger Schmieding

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Color | Government | Ultimately | Pace | Structural |

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This has weakened his claim to be the one who could lecture other financial ministers on how to run their economies. He should publicly apologize to the IMF staffers whom he scolded last time for being too pessimistic on the U.K. - Holger Schmieding

Faced with an extremely high euro and high wage costs, the companies stepped up their restructuring. When the euro declined last year, they suddenly found they could take on the world quite easily. - Holger Schmieding

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. - Holger Schmieding