ECB ACCOUNTS: THE LONGER AND MORE EXTENSIVE THE CONFLICT, AND THE BIGGER AND
MORE PROLONGED THE SHOCK TO THE GLOBAL ENERGY SUPPLY, THE HIGHER WAS THE RISK TO
MEDIUM-TERM INFLATION
2026-04-16
ECB ACCOUNTS: THE LONGER AND MORE EXTENSIVE THE CONFLICT, AND THE BIGGER AND
MORE PROLONGED THE SHOCK TO THE GLOBAL ENERGY SUPPLY, THE HIGHER WAS THE RISK TO
MEDIUM-TERM INFLATION