Central Banks Lack Clear Policy Strategy: Andrew Sentance

The transcript discusses global economic trends, focusing on stagnating growth and inflation. It analyzes the current earnings season, noting low expectations and potential improvements. The impact of central bank policies on currency markets is examined, with a critique of their strategies. The discussion includes the Bank of England's challenges post-Brexit and the concept of a 'new normal' in economic growth, highlighting the need for recalibrated expectations.

In what ways have recent indicators suggested an uptick in economic performance?

What does the term 'new normal' refer to in the context of economic growth?