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UBS CEO: Energy Prices Expected to Remain Elevated; Middle East Conflict May Inject "Inflationary Pressure" into Supply Chains
Ask AI · Why haven’t UBS clients adjusted their investments due to inflation threats?
【UBS CEO: Energy prices expected to remain high, Middle East conflicts may inject “inflationary pressure” into supply chains】 Caixin, March 23 — UBS Group CEO Sergio Ermotti stated that as investors gradually digest the impact of Middle East conflicts on the global economy, energy prices may stay elevated. In the foreseeable future, energy prices could remain high, exerting certain inflationary pressure on supply chains. Ermotti said that although the full impact of geopolitical conflicts will take time to digest, their clients have not made significant adjustments to their asset allocations.