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ECB vice-president: trade uncertainty now higher than under Covid

Summary by EU Observer
Without mentioning Donald Trump’s tariffs, ECB vice president Luis de Guindos said trade uncertainty is now over eight times its historical average — “well beyond” pandemic peaks.

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ECB vice-president: trade uncertainty now higher than under Covid

Without mentioning Donald Trump’s tariffs, ECB vice president Luis de Guindos said trade uncertainty is now over eight times its historical average — “well beyond” pandemic peaks.

·Brussel, Belgium
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FXStreetFXStreet

ECB Accounts: Uncertainty calls for caution in policy-setting and in communication

The accounts of the European Central Bank's (ECB) March policy meeting showed on Thursday that likely shocks are on the horizon, including from escalating trade tensions, and uncertainty more generally, per Reuters.

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  • 100% of the sources lean Left
100% Left
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EU Observer broke the news in Brussel, Belgium on Thursday, April 3, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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