Macro Matters: 'The energy shock is already here in Europe'

Euro zone growth slowed to a nine-month low on surging energy costs. Carsten Brzeski of ING Research told Reuters that higher prices at the petrol pump will cut sharply into consumer spending — and could well be a recipe for stagflation. #Eurozone #Business #Finance #Markets #News #Reuters #Newsfeed 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en