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War in Europe brings threat of rampant inflation, interest rate hikes

Some of the most qualified commentators on Australian finance shared with API Magazine their views on the war in Europe and its ramifications for Australian consumers and the economy.

Russian forces crossing Ukraine's border in the form of dozens of tanks on freight rail cars.
The rumbling of Russian tanks is being felt around the world.

It has taken a war in Europe and the resultant humanitarian crisis to push the pandemic from global headlines and bring even more economic uncertainty to the world.

As with a pandemic that at one point seemed restricted to China, Russia’s incitement of war against Ukraine is having an impact well beyond Europe.

Australians are already being squeezed at the petrol pump as international sanctions on Russia's economy pile up, with fuel prices hitt…