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The changing shape of energy markets with Ida Wolden Bache

The ECB Podcast

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The Shape of Energy Markets

The energy markets are indeed undergoing rapid changes shaped by pandemic, Russia's invasion of Ukraine and not least the necessary green transition. And we've seen over the past year that mismatches of demand have caused fluctuations in energy prices. I think we must prepare though for a larger volatility of energy prices, and perhaps also more persistent and long lasting changes in energy Prices. That could, again, challenge central banks.

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