High prices, high rates will be new normal in post-COVID world, BNP economists warn

Europe is facing a “generational shift” in its economic architecture that will cause inflation to be structurally higher than at any period since the early 1980s, two leading BNP Paribas economists told Euractiv, warning that high price pressures and high interest rates will be the new normal.

Content-Type:

News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

ECB headquarters in Frankfurt. Shutterstock/Sina Ettmer Photography

Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Duis vel urna ac mi sollicitudin lacinia mollis sit amet lorem. Sed finibus erat nec libero scelerisque fringilla. Morbi at orci sed urna vulputate vulputate. Nulla facilisi. Donec et orci aliquet nisl suscipit molestie sed sit amet tortor.

Want to keep reading?

Get a subscription on Euractiv + and elevate your political insight!

Discover Euractiv +
For individuals

Already have an account?

More from this section

Browse all articles

More from this author

Browse all articles

Subscribe to our newsletters

Subscribe