IMF warns US tariffs to outweigh Germany’s stimulus, recommends just one more ECB cut

Higher infrastructure spending in Germany will offer some support to Europe’s growth outlook, but it won’t be enough to offset the damage caused by US tariffs, according to Alfred Kammer, director of the European department at the IMF. Speaking to CNBC, Kammer stressed that “it’s the tariffs and the trade tensions which weigh on the […]

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