Inside Some of the Challenges the ECB Faces

The video discusses the economic impact of Brexit on the euro area, highlighting the challenges in measuring this impact. It explores the European Central Bank's (ECB) potential responses, such as increasing stimulus, and delves into the complexities of measuring the output gap. The discussion includes future economic projections and the ECB's possible actions in response to Brexit and other risks.

What is the significance of the output gap in the context of the euro area economy?

Evaluate responses using AI:

OFF

What factors contribute to the complexity of measuring economic conditions in the euro area?

Evaluate responses using AI:

OFF