Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, the euro zone may not want or need to go back there.
One of the biggest questions in world markets is just how durable the changes wrought by COVID-19 – and the compounding energy shock that followed Russia’s invasion of Ukraine – will be on economic behaviour, growth and inflation around the world.
There are usually two camps – one assuming an eventual return to a slow-growth square one; another sketching a volatile world of higher inflation, borrowing costs and ‘geo-economic’ realignment.
Policymakers still battling the related inflation spike and debt piles say it’s too early to tell. And this week’s World Bank update described the global economy as still ‘hobbled’ by three years of shocks and with its outlook still ‘precarious’.
Bond fund giant Pimco’s five-year view talks of a possible end to an era of “volatility-suppressing policies”, leaving markets in for a bout of “heightened volatility” and aftershocks.
Get More Info : Merchant Marine Jobs
Websites : https://www.seajob.net/
Contact Us : Sailor Job
No comments:
Post a Comment