
The coming interest rate crusade against inflation?
The David McWilliams Podcast
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Is the Core Rate of Inflation in Europe Going Down?
The european economy is not performing like the american economy. Were at a totally different stage of the cycle. The headline is so high because mainly because ucrane energy. If e c b were to raise the real rate of interest to equal the co rate of interest, that would mean the european rate of interest would be about six %. That is something we haven't seen for two or three decades. And again, this is not the central case, but it's not that unlikely, right? So imesss from negative inces rates only a short time ago.
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