Next week we will learn more about the extent to which the Ukraine war is impacting economic activity. We have cut our GDP forecast by one percentage point for this year, but the risks to that forecast are skewed to the downside. Meanwhile, Christine Lagarde has hinted strongly that the ECB would be willing to re-start asset purchases if needed to contain fragmentation risks.
Long Run Outlook Drop-In (23 March, 11:00 EDT/15:00 GMT): What will be the lasting impacts of the war in Ukraine? What legacies will the pandemic leave? What does a future of higher inflation mean for economies and markets? Neil Shearing hosts this special discussion with senior economists about the long-term investing outlook on Wednesday. Register here.
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