Merkel to Patiently Form a Coalition, Says Reinhart

The transcript discusses the political landscape in Germany, focusing on Angela Merkel's role in forming a coalition government and its implications for European markets. It highlights the uncertainty in markets due to the delay in coalition formation and the silence of central banks on monetary policy issues. The discussion also touches on the expected increase in communication from ECB and NCB officials and the lack of clarity on fiscal policy, drawing parallels with the situation in the US.

In what ways might Merkel's coalition impact the European Central Bank's communication?

What are the implications of the fiscal policy clarity that central bankers are hoping for?