Macro Matters: Markets ‘punish’ fiscally irresponsible countries #Reuters

Macro Matters: Markets ‘punish’ fiscally irresponsible countries
The IMF cautioned the EU against easing fiscal rules in response to the energy crisis. George Buckley from Nomura told Reuters the goal must be to prevent the energy price shock from spiralling into a fiscal crisis, which could ultimately drive interest rates even higher.

#markets #business #finance #europeanunion #economy #energy #oil #News #Reuters #Newsfeed

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