ECB President Christine Lagarde on Rate Path Uncertainty

European Central Bank (ECB) President Christine Lagarde addressed the challenges of committing to a specific rate path due to increasing trade uncertainties. She emphasized the ongoing disinflationary process and the ECB's current monetary policy stance, which is significantly less restrictive than before.

Impact of US Tariffs on EU Growth and Inflation

Lagarde pointed out the need for more data to fully understand the effects of US tariffs on the EU's growth and inflation rates. She expressed optimism that negotiations between the US and EU could mitigate the negative impacts of these tariffs, not only for the EU but also for the US itself.