Weekend Edition: Could Europe Bring Down Rates Faster?
Friday 20th October 2023Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.We invited UK-based economist Vicky Pryce on to talk about why Europe was struggling with growth whilst the US was on the road to recovery? How much is down to the issue of applying a single monetary policy across a diverse range of EU member economies? How much is the fact that Europe hasn’t injected as much fiscal stimulus as the US, with its Inflation Reduction program? All of the above applies, but Vicky suggests, with inflation…
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