ECB Vice President: Current Economic Uncertainty Exceeds Covid Levels

Reported about 8 hours ago

Luis de Guindos, European Central Bank's Vice President, stated that the current economic uncertainty is greater than during the Covid pandemic, largely due to changes in U.S. policies under President Trump that threaten multilateral cooperation. He noted that trade tensions could negatively impact global growth, and while inflation is expected to stabilize, consumer confidence remains shaky due to potential geopolitical conflicts.

Source: YAHOO

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