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ECB’s Lagarde: US Tariff on Europe of 25% Would Make Inflation Outlook Much Less Clear

ECB’s Lagarde: US Tariff on Europe of 25% Would Make Inflation Outlook Much Less Clear

By David Barwick – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Thursday said that if the US applied a tariff of 25% to European goods, this would make inflation prospects much less clear, with a likely short-term inflation increase that would diminish in the medium term as consequent economic weakness mitigated price pressures.

20 March 2025