EU economy to suffer more than U.S. from ongoing geopolitical conflict

In his exclusive CGTN report, Chief Strategist Jimmy Zhu shared his views on the EU and U.S economies amidst geopolitical conflict.

Key takeaways include:

✅ The European Union (EU) has announced intentions to reduce its demand for Russian gas by two-thirds before the end of the year.

✅ EU-U.S. deal is unable to solve the supply shortage.

✅ European monetary authorities' policies to curb inflation.

✅ The Fed looks to be tightening its monetary policy amid soaring energy prices.

Read the full report here: https://news.cgtn.com/news/2022-03-31/EU-economy-to-suffer-more-than-U-S-from-ongoing-geopolitical-conflict-18Px1CUgTFS/index.html