First European Central Bank official to speak out after Trump's victory: closely monitoring, inflation may face significant impact.
European Central Bank Vice President Luis de Guindos stated that if President Trump implements the tariff plan proposed during his campaign, the global economy and inflation could suffer a devastating blow. The European Central Bank will closely monitor any policies announced by the new US government, and then decide how to respond accordingly.
Express News | European Central Bank Vice President: Eurozone economic growth may be weaker than previously expected.
Express News | European Central Bank Vice President Guindos: If Trump implements tariff plan, inflation could face huge impact.
ECB's Guindos Warns of 'Huge' Impact of Trump Tariff Plans
Trump's return is causing shockwaves in the global market. Can 7 types of markets escape misfortune?
According to data from Edison Research Company, Donald Trump's entry into the White House has seen the dollar and stock market as winners, but a Republican elected president may put pressure on bonds, emerging markets, clean energy, and sustainable investments.
Express News | The mmf bridge project has completed preliminary exploration work. The next step will be fully taken over by participating central banks and monetary authorities.