Tensions between Russia and Ukraine continue to put pressure on energy
prices, which remain at extremely high levels. Barring a quick resolution of the conflict, high energy prices are likely to keep eurozone inflation elevated over the coming months, further squeezing households’ incomes and putting additional pressure on the ECB to resist calls to raise interest rates.
What you will learn:
Topics: Europe, Eurozone, ECB, Inflation, Euro, Macroeconomics, Interest rates, Inflation risks, Outlook, Russia, Energy prices, European Union, Ukraine