ECB's Makhlouf Says Price Risks Less Clear in Medium-Term Than Near
The eventual effect on euro-zone inflation of US tariffs and potential counter measures is harder to predict beyond the short term, according to European Central Bank Governing Council Member Gabriel Makhlouf.
The tense global trade situation is boosting the euro, while weighing on business confidence and tightening financial conditions, the Irish official said Wednesday in a speech in Dublin.
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