Goldman Sachs' Chief Economist, Former chief economists of the ECB and IMF discuss Central bank divergence, implications for economies and markets, contrasting policies in G10 economies, economic recovery paths post-pandemic, historical rate hike patterns, currency volatility predictions amidst global monetary policy variations

Jeromin Zettelmeyer, Director at Bruegel, and Peter Praet, a seasoned macroeconomist from the ECB, dive into Europe’s economic landscape. They discuss the contrasting growth rates of the U.S. and Europe, emphasizing the need for structural reforms. The conversation highlights the challenges of a weaker euro and the call for fiscal expansion. They also examine the ECB’s monetary policies and the impact of geopolitical tensions on Europe's economy, revealing urgent investment needs and potential strategies to enhance local investment.

Peter Praet, the former Chief Economist at the European Central Bank, shares invaluable insights from his nearly ten years under Mario Draghi. He discusses the ongoing challenges central banks face in achieving inflation targets amidst political hurdles and economic shocks. Praet explores the critical balance between monetary and fiscal policies in the recovery phase following the pandemic. He also addresses the impact of digitalization and globalization on monetary strategies, emphasizing the need for innovative approaches in today's complex economic climate.