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

Written by Fullerton Research | Mar 31, 2022 3:15:00 AM

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