Eurozone Inflation Expected to Ease Amidst US Tariff Pressures

Despite positive initial economic activity, the Eurozone’s inflation rate is projected to continue declining, according to BlockBeats reports citing European Central Bank (ECB) member Simkus. This slowdown is attributed to the region yet to fully absorb the impact of U.S. tariffs. Simkus emphasizes the need for further interest rate reductions from the ECB. However, recent geopolitical developments, including potential trade tensions orchestrated by US President Donald Trump, present a negative backdrop for the eurozone’s economic outlook.