22 Mar VIEWPOINTS APRIL 2022
LESS GROWTH, MORE INFLATION
In just a few weeks’ time, the threat of a Russian invasion of Ukraine has become the reality. The resulting humanitarian toll has led to millions of Ukrainians leaving the country, with a similar number displaced and too many killed or injured. Forecasting the eventual outcome remains highly uncertain, but Russia’s relentless attacks show no signs of abating and the “off-ramp” for President Putin remains elusive. European growth will be most notably affected due to the region’s close economic ties and reliance on Russian gas and oil. Read the full VIEWPOINTS April 2022.
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