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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
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