Inflation About-Face?

In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines the sharp shift in Europe’s inflation narrative, from renewed energy-driven price concerns to a more disinflationary backdrop. The episode also looks at Europe’s tentative growth recovery, the UK’s political and fiscal uncertainty, and Germany’s reform-and-spending package as a potential source of medium-term growth support.