There is much more the U.S. could do on the sanction front to penalize Russia for its war on Ukraine, points out Goldman Sachs Chief Economist Jan Hatzius.
“The prospects for additional sanctions depend mainly on how the war in Ukraine unfolds, but at this point further escalation of sanctions seems likely,” Hatzius said in a new note to clients.
The closely followed Hatzius laid out five additional actions the U.S. may take:
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Block more Russian individuals and related companies.
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Block additional…
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