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Europe’s Central Bank Can’t Match the Fed’s Jobs-for-All Push
Inequality in the labor market is a huge focus of the Fed. For the ECB, not so much
08 Jun 2021, 02:45 PM IST
(Bloomberg Businessweek) -- When the European Central Bank unveils the results of its grand strategy review this year, there will be at least one stark contrast with the U.S. Federal Reserve’s own exercise. Inequality in the labor market, a hot-button topic of the 2020s and a core part of the Fed’s conclusions, looks likely to get much more subdued treatment in Frankfurt.
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