Busy Week for World’s Biggest Central Banks

The video discusses the limited impact of OJ on market expectations, highlighting that the removal of constraints under yield curve control is not significant. It explores potential actions by the ECB and Fed, including tweaks to the ECB's tiering mechanism and the Fed's possible shift to yield curve control. The video also compares unemployment rates in Europe and the US, noting Europe's lower rates due to effective job retention schemes.

What factors are contributing to the different employment outlooks in Europe and the US?

What are the implications of the job retention schemes mentioned in the text?