
What the 2022 energy crisis taught us about inflation — and why it matters now with Iran
The European Central Bank itself has repeatedly said over the years that its policies are ineffective when dealing with energy shocks.

The European Central Bank itself has repeatedly said over the years that its policies are ineffective when dealing with energy shocks.

‘We are not yet seeing the waves of redundancies that are feared’, European Central Bank chief Christine Lagarde said, but stressed Europe was benefitting for AI-productivity gains on a par with the US and China.