Now that the conflict has exacerbated inflation, central banks could feel the pressure for more aggressive interest-rate increases. The conflicting forces could result in"subpar growth," JPMorgan's economists said. Only by cooling the economy to a less-than-ideal level, they argue, can the Fed and its peers get their hands around inflation.Severing the Russian economy — the 11th-largest in the world — from the financial system could shake up the global economic order.
There's simply no precedent for the economic dislocation Russia is experiencing, Brian Coulton, chief economist at Fitch Ratings, told Insider. Similarly severe sanctions have been levied on smaller economies like North Korea and Cuba, but never against such a global superpower. That leaves economists without much foresight as to how the sanctions will play out in the coming years.
"We don't really have a playbook for how this might work, trying to disconnect an economy of this scale," Coulton said, adding that the immediate effects will arise in the global energy supply. The Russia-Ukraine war"may fundamentally alter" the status quo in global trade, economists at the International Monetary Fund said in a recent
MktsInsider I wrote something to raise funds to fight an adversity. I wish this adversity were contained till me, but it's not, it's affecting my parents, my friends, my dreams. I got knocked into a different life, wishing my way back ever since. Check pinned tweet. Please RT. Anything helps
russia is the antichrist
PoliticsInsider There are many Third World Countries that have minimum impact on the World's overall economy. It will take a little time but I think Russia will fit nicely into the Third World.
Your people already busy to mantain your existance from high inflation, low wages, unemployment and mutational covid strain, the real war is at your front yard
Tough shit. It’s called sacrifice.
将俄罗斯排除在全球经济之外意味着更高的价格、更缓慢的复苏，以及一个全新的全球权力结构：“我们真的没有一本关于这可能如何运作的手册。”