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The Russia-Ukraine war: is a recession coming?
- Financial Advice
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- 22.09.22
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As the ongoing war between Russia and Ukraine continues, inflationary pressures are having an impact on the European economy now more than ever. Typically, surges in food and energy prices are indicators of a looming recessions and since the current war is placing restrictions on trade, the UK and Europe are facing inflationary pressures due to limited resources. T.Rowe Price explores the position of the European economy amid the Russia-Ukraine conflict and discusses whether the continent is set to face a recession or stagnation as well as the changing stance of the ECB.