RBC Pricing in ‘Fairly Decent Recovery’ in Q2, Schaffrik Says

The transcript discusses the economic outlook amidst the pandemic, highlighting a rough winter and a predicted recovery by Q2 next year. It examines the roles of central banks and fiscal policies in Europe and the US, noting that central banks have already taken significant actions. The discussion concludes with an analysis of inflation expectations, suggesting that significant inflation is unlikely in the short term.

What is the significance of fiscal measures in Europe as mentioned in the text?

What are the expectations regarding inflation in the next six months?