Europe Should Use Fiscal Not Monetary Policy to Deal With Ukraine War -IMF

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Europe Should Use Fiscal Not Monetary Policy to Deal With Ukraine War -IMF

StreetInsider2022-04-22

European governments should deal with the economic consequences of the war in Ukraine through fiscal policy, to allow monetary policy to normalise in the face of high inflation, the International ...

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suresh11
·2022-04-24
Ok
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PearlynCSY
·2022-04-24
IMF said the Ukraine crisis would increase the number of refugees fleeing to Europe, compound supply-chain bottlenecks, add pressures to inflation and deepen output losses. The biggest risk, it said, was that Russia would suddenly stop supplying oil and gas to Europe, leading to significant output losses. The report said for the whole EU, a complete stop to all Russian oil and gas imports could mean a loss of 3% of GDP in 2023.
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claratan
·2022-04-22
Wow
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Tomatoto
·2022-04-22
Ok
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mrspid3r
·2022-04-22
K
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WinnieTan
·2022-04-22
[smile]
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WinnieTan
·2022-04-22
[smile]
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nancy88
·2022-04-22
Nice
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The European Central Bank wants to keep inflation at 2% and has signalled it would start tightening policy in July.\"With inflation running far above targets, monetary policy should maintain the course to normalization,\" the IMF said.\"The pace of withdrawing monetary stimulus should vary with economic circumstances, proceeding faster where inflation expectations risk de-anchoring. Importantly, policymakers should head off the emergence of wage-price spirals,\" the IMF said.The IMF forecast earlier this week that, because of the Russian invasion of Ukraine, economic growth in the 19 countries sharing the euro would be 2.8% in 2022, 1.1 percentage points lower than its forecast in January.Euro zone growth will slow further to 2.3% next year, the IMF forecast, 0.2 points less than projected in January.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9085440697,"gmtCreate":1650761556456,"gmtModify":1676534787043,"author":{"id":"4087771426813780","authorId":"4087771426813780","name":"suresh11","avatar":"https://static.tigerbbs.com/09f470814c371d9741e70726607b9fa2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087771426813780","authorIdStr":"4087771426813780"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085440697","repostId":2229105157,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085459924,"gmtCreate":1650760864924,"gmtModify":1676534786825,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4092458811577680","authorIdStr":"4092458811577680"},"htmlText":"IMF said the&nbsp;Ukraine crisis&nbsp;would increase the number of refugees fleeing to Europe, compound supply-chain bottlenecks, add pressures to inflation and deepen output losses. 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The biggest risk, it said, was that Russia would suddenly stop supplying oil and gas to Europe, leading to significant output losses. The report said for the whole EU, a complete stop to all Russian oil and gas imports could mean a loss of 3% of GDP in 2023.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":61,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085459924","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085960266,"gmtCreate":1650635404681,"gmtModify":1676534767689,"author":{"id":"3573731928321338","authorId":"3573731928321338","name":"claratan","avatar":"https://static.tigerbbs.com/9c6bbdac9048ff2e4b740f272576e2be","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573731928321338","authorIdStr":"3573731928321338"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085960266","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085983454,"gmtCreate":1650634663018,"gmtModify":1676534767500,"author":{"id":"4098449423449400","authorId":"4098449423449400","name":"Tomatoto","avatar":"https://static.tigerbbs.com/ae6d0aaaafd447ed7c5dc016515242d8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4098449423449400","authorIdStr":"4098449423449400"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085983454","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085980154,"gmtCreate":1650634464410,"gmtModify":1676534767462,"author":{"id":"3565908625782607","authorId":"3565908625782607","name":"mrspid3r","avatar":"https://static.tigerbbs.com/f793da3874744ba810961fb9ca31eed4","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1,"idStr":"3565908625782607","authorIdStr":"3565908625782607"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085980154","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085914229,"gmtCreate":1650634300106,"gmtModify":1676534767399,"author":{"id":"3575756259846149","authorId":"3575756259846149","name":"WinnieTan","avatar":"https://static.tigerbbs.com/dc2229f3d337236e1c23cfa3c8cf0902","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575756259846149","authorIdStr":"3575756259846149"},"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085914229","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085914600,"gmtCreate":1650634293131,"gmtModify":1676534767394,"author":{"id":"3575756259846149","authorId":"3575756259846149","name":"WinnieTan","avatar":"https://static.tigerbbs.com/dc2229f3d337236e1c23cfa3c8cf0902","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575756259846149","authorIdStr":"3575756259846149"},"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085914600","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9085914309,"gmtCreate":1650634230148,"gmtModify":1676534767409,"author":{"id":"3582057436194036","authorId":"3582057436194036","name":"nancy88","avatar":"https://static.tigerbbs.com/f13797428448c51d0bc978c26e4c437c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582057436194036","authorIdStr":"3582057436194036"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085914309","repostId":2229105157,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":52,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}