This podcast episode explores the themes of deflation and divergence in the global economy. The speakers discuss the differences in economic growth between Europe and the US, highlighting the recovery in the euro area and the strong growth in the US. They also discuss the expectation of global disinflation and its impact on the US housing market. Additionally, they analyze the inflation trends and expectations for Japan, highlighting the end of decades of deflation and the potential for rate hikes in the near future.
