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“I stress, this is the euro area. It does not change my suggestion on the role of interest rates, which are a peculiarly UK phenomenon.”
by xctr94 3y ago
“I stress, this is the euro area. It does not change my suggestion on the role of interest rates, which are a peculiarly UK phenomenon.”
- andsoitis 3y agoRight, and the very next sentence (after the infographic) is: "Wages have driven only a small part of inflation in Europe. I also suspect that is true here too." So the body of the article only talks about EU data but then he "suspects" it applies similarly to the UK by putting it in the headline, without drawing any actual connection with data.