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Kazaks, ECB Commissioner: US tariffs (advocated by President-elect Trump) will be bad for Europe. Tariffs advocated by Trump could push up inflation in the euro zone. The basic assumption is that the ECB will gradually cut policy rates. Interest rates depend on changes in the economic situation.

Kazaks, ECB Commissioner: US tariffs (advocated by President-elect Trump) will be bad for Europe.

Tariffs advocated by Trump could push up inflation in the euro zone.

The basic assumption is that the ECB will gradually cut policy rates.

Interest rates depend on changes in the economic situation.

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