Difficult Path Ahead For Europe Io Curb Inflation In 2023 – Analysis
Suffering from geopolitical and energy crises, the European economy in 2022 had a hard time when it faced the triple predicaments of high inflation, energy crisis, and economic slowdown. Looking forward to 2023, as the European Central Bank (ECB) continues to push for interest rate hikes, which in turn may cause the European economy to face a long period of difficulty. According to the researchers at ANBOUND, it remains challenging for Europe to resolve the inflation problem, and there is more likelihood for it to fall into stagflation.