Tells you a lot about the "social bargain" in Germany v. France, US and UK: https://t.co/WH8lvZi3tG
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…