BoE Tenreyro: Russia invasion will intensify trade shock and inflation

Referring to Russia invasion of Ukraine, BoE MPC member Silvana Tenreyro said yesterday, “recent developments will intensify the terms of trade shock that we were already experiencing, so will push up inflation and have a negative impact on activity. How exactly? That’s the job we will start next week.” Tenreyro added that she had been […]

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