ECB Elderson: War impacts outlook through channels of confidence and energy prices

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ECB Elderson: War impacts outlook through channels of confidence and energy prices

ECB Executive Board member Frank Elderson said in a speech that there are two channels through which  invasion of e weighs Eurozone outlook. They are “negative confidence effects, which have an impact on both international trade and on financial markets, and high energy prices.” But he noted that outlook prevailing the invasion was “quite […]

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