Differences in Labor Markets and Productivity: US vs Europe

A gap has opened up between the Federal Reserve and major central banks in Europe over interest rates. After two years of hikes, the Fed is ready to start talking about rate cuts. The European Central Bank and the Bank of England aren’t there yet. The markets, meanwhile, seem to be getting ahead of everyone. Join our economics correspondents as we explore what this all means for consumers on either side of the Atlantic.

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