Climate Change Now a Key Economic Risk, but Unlikely to Shift ECB Stance

Dow Jones
08/07

1008 GMT - Climate change is becoming a key economic risk, Berenberg analysts say in a note. Still, while drought in Germany has created supply disruptions, the European Central Bank is likely to look through this for now, they say. The Rhine's low water levels mean ships can only pass through carrying very little cargo, if at all, creating supply bottlenecks, the analysts say. The situation is driving up costs and could hit growth by up to 0.2 percentage points in the third quarter, they say. However, only a fraction of German freight passes along the Rhine, while companies have already begun adapting. The Middle East conflict overshadows these temporary supply bottlenecks and the ECB is unlikely to attach much importance to them, they say.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10