ECB’s Stournaras: US Tariffs definitely deflationary, growth hit could reach 1%

Greek ECB Governing Council member Yannis Stournaras warned that the US reciprocal tariffs were “worse than expected” and a source of “unprecedented” global policy uncertainty. In an interview with the Financial Times, he characterized the tariffs as “definitely a deflationary measure” for the Eurozone. “A notable adverse impact on growth could lead to activity being […]

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