Simply Economics

UP 225: Vaccine game changer; when to withdraw stimulus

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Synopsis

Monday's announcement of a breakthrough vaccine promises perhaps a timely turnaround for the global economy, in turn raising questions whether central banks will begin the delicate policy shift to stimulus withdrawal. Jeremy Hawkins and Mark Pender also discuss the latest implications of the US election as well as the immediate economic outlook which, given new restrictions underway in Europe, may not be positive at all.