European Central Bank to stay flexible as Russia-Ukraine war triggers 'stagflation' fears (DE.EXS1) (DE.SXR8) ( DE.SXRV) (DE.SXRU) (TVBETETF) - 10 martie 2022
The European Central Bank is set for a cautious approach with its monetary policy meeting this week as Russia’s invasion of Ukraine impacts, and potentially derails, many of the policy plans it had for the rest of the year.
The meeting, which ends Thursday, comes exactly two weeks after President Vladimir Putin initiated the unprovoked attack on Russia’s neighbor. The financial world has changed dramatically since. Oil and gas prices have surged and European banking shares have lost all and more of their gains of the last year.