ECB’s Stournaras: US tariffs not an obstacle to April rate cut

European Central Bank (ECB) policymaker Yannis Stournaras said on Thursday, “US tariffs not an obstacle to April rate cut.”

Additional quotes

US tariffs will impact economic growth.

US tariffs to negatively impact euro area GDP growth rate by 0.3% to 0.4% in first year.

The inflation path remains unchanged.

Apr 3, 2025

Spain HCOB Services PMI below forecasts (55.5) in March: Actual (54.7)

ECB’s de Guindos: This uncertainty means we need to be extremely

European Central Bank (ECB) Vice President Luis de Guindos said on Thursday, “in terms of monetary policy, this uncertainty means we need to be extremely prudent when determining the appropriate stance.”