According to Deutsche Bank CEO Christian Sewing, Europe and the U.S. are a high likelihood of recession
According to Deutsche Bank CEO Christian Sewing, Europe and the U.S. are a high likelihood of recession
as central banks need to aggressively tighten monetary policy to combat inflation.
as central banks need to aggressively tighten monetary policy to combat inflation.
The U.S. The Federal Reserve, the European Central Bank, the Swiss National Bank, and the Bank of England have shifted to controlling inflation
The U.S. The Federal Reserve, the European Central Bank, the Swiss National Bank, and the Bank of England have shifted to controlling inflation
Consumer price inflation in the eurozone hit a recent record high of 8.1% in May
Consumer price inflation in the eurozone hit a recent record high of 8.1% in May
Title 2The ECB confirmed its intention to raise interest rates at its July meeting.
Title 2The ECB confirmed its intention to raise interest rates at its July meeting.
Central bank leaders and economists around the world have agreed that tightening the aggression needed to control inflation
Central bank leaders and economists around the world have agreed that tightening the aggression needed to control inflation
will push economies into recession, but growth has already slowed due to a combination of global factors.
will push economies into recession, but growth has already slowed due to a combination of global factors.
Russia's proximity to war in Ukraine and Russia's dependence on energy imports are particularly
Russia's proximity to war in Ukraine and Russia's dependence on energy imports are particularly
vulnerable to continental conflicts and the potential shutdown of Russian gas flows.
vulnerable to continental conflicts and the potential shutdown of Russian gas flows.
Deutsche Bank CEO inflation is the biggest poison for the World Economy