Market outlooks · Supervision

Green transition leads to higher inflation

Philippe Gijsels, BNP Paribas Fortis

In the medium term, the green transition may further fuel inflationary risks, according to ECB board member Isabel Schnabel in an interview with the Financial Times last weekend. Rising energy prices, she said, may require the ECB to do more to hold back increases. She urged portfolios to increase their investments into real assets. 

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