ECB’s de Guindos: Higher Tariffs Disinflationary in Short Term, but Fragmentation Could Reverse This
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that the full impact of higher tariffs had yet to materialize with a disinflationary effect in the short term that would be pushed in the opposite direction in the long term due to fragmentation.
26 November 2025 Central Bank News