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6min chapter
Surveillance: Tech Fatigue with Kaiser
Bloomberg Surveillance
The Path Forward for Growth
There is a disconnect between the markets and what central banks are signaling. We need to bring inflation down to have sustainable growth, which is why it's super important to do this. I think we're only just seeing the effects of monetary policy work through the system now; we can see much more slowing. If you look at projections for when inflation gets back to target in the Euro area, that's the middle of 2025. Two years is a long time to bring inflation back down to target. And Sintra is a good experience for all central bankers.
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