Trade tariffs could push up eurozone inflation by 0.5%, ECB’s Lagarde warns
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Euronews.com
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Christine Lagarde, President of the European Central Bank, warned that trade uncertainty poses a significant threat to eurozone growth and inflation. She highlighted that tariff-driven price pressures could disrupt recovery and increase costs for businesses and consumers. Lagarde noted that new tariffs could lower eurozone GDP growth and raise inflation, complicating the ECB's efforts to stabilize prices. Despite current growth, uncertainties in trade policies could dampen investment and competitiveness. The ECB has lowered interest rates to support borrowing but remains cautious about future rate cuts. Lagarde advocates for increased trade integration within the EU to counteract trade shocks. Teljes cikk (Euronews.com)