What the Russia-Ukraine Conflict Means for the Global Economy and Markets
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Fiscal Easing
The market had increasingly priced in the risk of a 50 basis point hike at the coming meeting, or in the first part of this year. And it seems less likely, though, because of this geopolitical risk. The support of ucranian refugees could lead to easier fiscal policy. Some estimates estimate now that you could have seven million ucranians moving to europe to be posted and helped.
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