
Unlock White House Watch Newsletter for free
Your guide to what 2024 US elections mean is Washington and the world
The US President Donald Trump’s Spoting Tariffs caused a large “negative demands on the necessity” at ECOMEZon Central Central Central Central Decision in European ECB’s ECB of interest in this month.
In an interview with the financial Times, Central Bank Governor Yannis Yannis Stournaras warns that the development of trading trades is worse in European economic growth. “A famous impact of growth can lead to activity that is weaker than expected, bring inflation under our targets,” he said.
One of the longest members of the ECB’s Government, Puurnasas warned that the euro area faced a point of progress at the target ECB target. The ECB is set to make the next interest decision on April 17.
Trump announced last week to impose Washington a 20 percent tariffs in most EU imports.
The US is the largest export market for EU-made, recounting is about 21 percent of European jobs to be lower inflation.
Ahead of Tarump’s Tarff Picture last week, ECB has signed a potential stop In the interest of cuts while adopted hawkish language after cutting borrowing costs for the sixth time since the mid 2024 to 2.5 percent last month. The President of the ECB Christine Lagarde said in March that inflation in the euro area could rise in the middle of the percentage point of “EU retaliaty steps to go to” EU retaliator
Pournasas issued that view, arguing that “tariffs are definitely a deflegationary” for the euro area. He emphasized that US protection steps “are more intense than expected” and make a “never” without the uncertainty of “global policy activity.
Analysts and investors say Thrump’s tariff notifications increase the possibility of another quarter-point rate later this month. Jpmorgan, who used to expect the ECB to hold rates consistently at 2.5 percent in April, on Friday changed his view, followed by two more quarter-point cuts, followed by two other in June and September. Goldman Sachs Economies Friday also say that a Cut in April “is now very likely”.
Asked if the situation is sufficient enough to justify a 50 basic cutting points, sturnaras refused to comment.
While it is difficult to “accurately assess the effect of tariffs”, the negative effect of growth in the euro area “can be any points in 0.5 and 1 percent” which he has caused. The ECB in March has lowered 2025 growth growth for the euro area to 0.9 percent.