How seriously should we be worrying about the very different approaches being taken in the EU and the US? American policy has been to kick-start the financial markets by slashing interest rates. While Europe has focused on combatting inflation and left interest rates unchanged. How real is the risk of 'currency shock' in which th euro will further strengthen against the dollar, thus stifling growth in Europe while stoking inflation in America? Are the transatlantic partners responding to different signals, or to different economic policymaking cultures?
These will be the issues addressed during the Policymakers' Dinner Debate on Tuesday, May 20, starting at 19.00.
| Media partner |
|  |