ECB's Cipollone Sees Tariffs Likely Disinflationary Short Term
European Central Bank Executive Board member Piero Cipollone said US trade levies could weigh on euro-zone inflation in the near term as they drag down economic expansion around the world.
'The short to medium-term effects may even prove disinflationary for the euro area, where real rates have increased and the euro has appreciated following US tariff announcements,' Cipollone told a conference Tuesday in Frankfurt.
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