With the war in Ukraine and the heavy sanctions on Russia the economic outlook for the euro zone has deteriorated sharply.
Supply chain bottlenecks, high energy prices and concern about a general scarcity of commodities needed for many industrial processes is weighing on the economic outlook. At the same time, inflation rates just keep on rising and there are also tentative signs that this surge is not only down to energy prices, but is more persistent.
"But we need to manage a shock that, in the short term, pushes inflation above our target and reduces growth."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
European Stocks Set for Muted Open After U.S. Inflation Data; ECB Meeting on HorizonEuropean markets are set for a cautious open as investors digest a key inflation print from the U.S. and look ahead to Thursday’s European Central Bank meeting.
Leer más »
Fed’s Brainard Says Lowering Inflation Is Central Bank’s Key MissionShe and other central bank officials have signaled expectations for faster pace of policy tightening this spring.
Leer más »
India's central bank pivots focus from growth to fighting inflation as prices riseAlthough inflation has been above 6% in January and February, the RBI had surprised analysts with its low inflation forecast in February.
Leer más »
European Stocks Set to Nudge Higher Ahead of ECB MeetingEuropean stocks are set for a cautiously higher open as investors await the European Central Bank’s latest policy decision and track developments in Ukraine.
Leer más »
Gold Technical Analysis: Top of 2000 Dollars are StrongThe rise in US inflation levels coincided with the decline in US Treasury bond yields.
Leer más »
JPMorgan Boosts Credit Reserves As Profits Tank, Jamie Dimon Warns About ‘Significant Challenges Ahead’The bank warned of “downside risks” due to high inflation and the war in Ukraine.
Leer más »