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Tensions in Energy Markets Are a Cause for Concern for Financial Stability
7 Articles
7 Articles
The rise in energy prices caused by the war in the Middle East will push inflation above 2% in the short term, with a sharp rise to 3.1% in the...
The euro area inflation should then fall to 2.8% in the third quarter, estimates the central bank.
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Inflation is again presenting itself as the great threat to Europe’s already fragile economic growth. Price rises are beginning to be clearly perceived, and yesterday the European Central Bank, which is leading the Eurozone’s monetary policy, issued a clear warning: it expects inflation to rise to 3.1% in the second quarter of the year due to the rise in energy prices - gas and oil - caused by the conflicts in the Middle East.
The increase in inflation can be more intense and persistent if wage growth increases in response to rising energy prices
Tensions in energy markets are a cause for concern for financial stability
The post Tensions in energy markets are a cause for concern for financial stability appeared on BitcoinEthereumNews.com. European Central Bank (ECB) executive board member Fabio Panetta said during European trading hours on Thursday that global energy crisis could impact financial stability. Panetta warned that the crisis-led change in global investors’ risk perception can weigh on government bonds of highly indebted countries. Additional Remark…
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