The global economy has been confronted with two stagflationary events in the last two years: the Covid-19 pandemic and the war in Ukraine. What factors are influencing the uncertainty in the markets? Erste Asset Management Chief Economist Winzer analyzes which scenarios are conceivable in the future.
![Tightening of financial condition Tightening of financial condition](https://blog.en.erste-am.com/wp-content/uploads/2022/05/omid-armin-ESsGNnhUiCg-unsplash-1-scaled-1-370x210.jpg)