Global EconomyIMPORTANT
ECB's Rehn says that ECB forecasts are facing extremely high and widespread uncertainty; energy surge is nearer to the adverse scenario, Econostream reports
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The supplied item and a Reuters report describe forecast uncertainty, energy prices nearing the ECB’s adverse scenario, interest-rate effects on pass-through, and risks associated with AI sentiment and valuations.
News detail
One uncertainty is that market sentiment toward AI could reverse suddenly. Higher long-term rates will slow economic growth and reduce the pass-through of energy shocks to prices and wages.
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