Economic impact from war between Russia and Ukraine seen as limited for U.S.

[Yo_Mama_Been_Loggin]

THE FED

While uncertainty is the watchword of the day, economists believe that a war between Russia and Ukraine will not be a major risk to the U.S. economy.

“In most cases, the economic impact on countries beyond Russia and Ukraine is likely to be limited,” said Neil Shearing, global chief economist at Capital Economics in London, in a note to clients.

St. Louis Fed President James Bullard said last week that, while there were risks and uncertainties, he didn’t see the conflict as central to the U.S. economic outlook.

“I do think its quite an important foreign policy issue, but I’m not seeing it necessarily as a leading macroeconomic issue, at least at this point,” Bullard said, in an interview on CNBC last week.

https://www.msn.com/en-us/money/markets/economic-impact-from-war-between-russia-and-ukraine-seen-as-limited-for-us/ar-AAUamYY

[TheRealNorth]

1. If Western Europe slows down....

There will be an eventual ripple effect.

[SoonerPride]

2. This is at odds with what the news coverage would have us believe.

I keep hearing of huge increases in costs of energy and food prices, all entirely tied to Russia invading Ukraine.

I hope Mr. Shearing is right.

[doc03]

4. So no $7 gas? nt

[WarGamer]

7. It's coming

[rso]

3. Ukraine

I’m willing to endure some pain as long as we destroy the ruble and heavily damage the Russian economy.

[WarGamer]

6. Every day that oil is 100/bb they're making money hand over fist.

[WarGamer]

5. Foolish statement from the author of the piece from Marketwatch.

War jitters have knocked BILLIONS out of the stock market.

Not to mention the impact of $100/bb oil.