Gilles Moec: 3% U.K. Inflation 'Certainly Within Range'

The video discusses the impact of oil prices and Brexit on UK inflation, highlighting the stronger-than-expected inflation rates and the role of currency depreciation. It contrasts the UK's situation with the US, where inflation reflects better economic conditions. The discussion also covers the implications of Brexit on monetary policy, suggesting a dovish approach due to economic uncertainties. Finally, it examines European productivity, noting that excluding the IT sector, productivity growth in Germany, France, and the US is similar, but structural reforms in Europe have stalled.

What factors contribute to the differences in inflation rates between the UK and the US?

How does the depreciation of the currency affect inflation in the UK?

What are the implications of Brexit on the UK's economic conditions?

Discuss the productivity growth comparison between Europe and the US.

What challenges are faced in achieving structural reforms in Europe?