How have divergent lockdown measures impacted the UK and Europe?
Thursday 27 January 2022 – Vol.13 Ed.4.4
Commentary: Outlook 2022: US versus euro area performance
By Geoffrey Yu in London
On the face of things, the UK’s decision to avoid fully locking down the economy over the Christmas period appears to be paying dividends. In contrast, the euro area and wider European Union introduced restrictions relatively early, so markets are starting to price in greater underperformance on growth and policy...