December 23, 2024

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

 Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers’ spending power.