Mizuho's Chatwell Says Rate Hike Coordination Just Talk

The transcript discusses the global trend of central banks considering higher interest rates and the political influences that may affect these decisions. It highlights the uncertainty in markets and the impact on bond pricing. The conversation also covers economic conditions, particularly in the UK and euro area, and their influence on monetary policy normalization. Despite decent growth, inflation remains low, especially in wages, leading to a complex economic landscape.

What is the relationship between economic growth and inflation as discussed in the text?

What forecast did the ECP make regarding headline inflation for 2018?