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The Nexus
WORLDJun 1 · 02:47 UTCBLOOMBERGMark Schroers, Heesu Lee

ECB’s Schnabel Sees Risk of Unanchored Inflation Views From War

Isabel Schnabel of the European Central Bank discussed inflation risks linked to the Middle East war at an event during IMF and World Bank meetings. The IMF downgraded its growth projection due to an oil shock from the conflict and warned of a potential economic downturn if energy infrastructure is severely damaged.

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Mentioned
Isabel SchnabelpersonEuropean Central BankorganizationPeterson Institute of EconomicsorganizationInternational Monetary FundorganizationMiddle Eastplaceoil shocktopicenergy infrastructuretopic
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