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Ukraine conflict may shift central bank portfolios away from Europe

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Ukraine conflict may shift central bank portfolios away from Europe

Monday 14 March 2022 – Vol.13 Ed.11.1

Commentary: Crisis may push European central banks to favour US reserves

By Julian Jacobs in London

Recent developments in the Russo-Ukrainian war are spurring a review of priorities among central banks. Amid the humanitarian crisis and accompanying sanctions on Russia, reserves managers are not only reconsidering their growth outlook and inflation expectations, they are also reconsidering their willingness to orientate their portfolios around European assets, bonds and currencies.

Read the full commentary on the website.

Meeting: Responding to economic and monetary crises in the euro area

Tuesday 29 March 12:00-13:00 GMT

Marco Buti, chief of staff of the commissioner for the economy, European Commission, discusses recent economic and monetary policy debates within the European Union, at times driven by various financial crises and, more recently, the Covid-19 pandemic. He will also offer insights from his recent book, The Man Inside: A European Journey through Two Crises, on developing the euro area to further enhance European integration.

Register to attend here

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