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BNR: Uncertainties regarding economic activity outlook, generated by war, turbulence in U.S., Swiss banking systems

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Significant uncertainties and risks regarding the outlook of economic activity, implicitly the medium-term evolution of inflation, continue to be generated by the war in Ukraine and the associated sanctions, show the Minutes of the monetary policy meeting of the Board of the of Romania (BNR) from April 4, 2023.

According to the cited source, other uncertainties and risks arise from the turbulence in the banking systems in the USA and Switzerland, which could exert adverse effects by affecting the economies of developed states and the perception of risk in Central and ,…

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