Lagarde Sees Potential for US Tariffs to Ease European Inflation

Christine Lagarde, president of the European Central Bank (ECB), acknowledged the potential impact of US tariffs on inflation in Europe, suggesting a favorable outcome if the EU doesn’t retaliate. She explained that the effect remains uncertain but could lead to disinflationary pressures rather than inflationary ones. Analyzing the situation, Lagarde highlighted ongoing trade tensions and the uncertainty surrounding future negotiations.