ECB Has a Growing Problem in 2014: Smith

The transcript discusses economic factors like deflation and liquidity, focusing on the European Central Bank's (ECB) policy measures and their impact on the euro. It highlights Draghi's indirect influence on currency and debates the potential benefits and drawbacks of publishing ECB Governing Council minutes, considering transparency and governmental pressure.

What issue is raised about inflation in the periphery compared to the overall inflation?

What concerns do some members have regarding the publication of the Governing Council minutes?