US EditionCentral Banks Confront Spectre of Inflation as Iran War Escalates
6 Articles
6 Articles
Central banks confront spectre of inflation as Iran war escalates
Strikes on the natural gas production facilities of Iran and Qatar have sent energy prices soaring, with central bankers around the world struggling to set monetary policy amid a highly uncertain inflationary outlook. We take a closer look. Also in this edition: the French shipbuilding industry welcomes the start of construction of the country's next nuclear-powered aircraft carrier.
The collateral damage to world trade and the world economy triggered by the war in Iran is enormous. Iran benefits from this in its defensive struggle, especially in the Strait of Hormus Iran's most effective weapons are not rockets and drones or the regular army and the Revolutionary Guards, but rather the asymmetric war and its consequences. This type of conflict is neither a novelty nor a historical rarity. In the first handed down conflict o…
Market Consensus Germán García Mellado (A&G Global Investors) The European Central Bank (ECB) faces its next monetary policy meeting in a radically different context from just a few weeks ago. The outbreak of the war in Iran has introduced a new focus of uncertainty for the European economy and has altered the balance, which seemed to have been reached between moderate growth and inflation close to the target. Christine Lagarde’s institution, p…
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