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Former ECB Chief Economist Peter Praet on What’s Next for Central Banks

Here is what Former ECB Chief Economist Peter Praet says about central banks going forward.

Former ECB Chief Economist Peter Praet on What’s Next for Central Banks
Peter Praet, former chief economist at the European Central Bank speaks during a conference in Frankfurt. (Photographer: Andreas Arnold/Bloomberg)

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

With developed economies still operating well below pre-crisis levels, central banks face substantial pressure to pursue stimulative policies on an ongoing basis. But what more can they do with the tools at hand? And how much do political fights get in the way? On the latest Odd Lots, we speak with Peter Praet, the former Chief Economist at the ECB, who served under Mario Draghi for almost a decade, about the lessons learned during that experience, and how they apply going forward.

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