European Central Bank Board Member: Inflation in the Eurozone is on a downward trend, and there is still room for interest rate cuts.
① The ECB board member Villeroy stated that Trump's tariff threats bring uncertainty to the Global economy, and protectionism will only slow down economic growth and exacerbate inflation; ② However, Villeroy pointed out that the inflation level in the Eurozone is on a downward trend, the ECB has room for gradual rate cuts, and there is no risk of recession in Europe; ③ Recently, ECB policymakers have become increasingly confident in the ECB's rate cut in June.
ECB on Track to Hit 2% Inflation Target, Says Bank of France Chief
European Central Bank Governor Villeroy: Trump's tariffs damage the Global economy, and Europe still has room for interest rate cuts.
Villeroy stated on Monday that the tariff threats from USA President Donald Trump bring uncertainty to the Global economy, but with the inflation rate in Europe declining, there is still room for further interest rate cuts in Europe.
ECB Has Room to Lower Key Rate as Inflation Nears Target, Says Villeroy -- Update
ECB Has Room to Lower Key Rate as Inflation Nears Target, Says Villeroy
Spanish Monthly Retail Sales Down 0.2% in March
