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ECB wonders whether euro rally will turn from blessing to curse

Summary by luxtimes.lu
The strengthening euro against the US dollar might bring European inflation down too much
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The rapid upswing of the euro against the dollar is causing growing unrest at the ECB. What was initially regarded as a welcome means against inflation is now threatening to become a boomerang. Because the strong common currency could not only endanger the price target – but also the competitiveness of the eurozone. Will the euro rally be a blessing to the economic curse? [...] The post euro too strong? Why does the ECB see a danger in the rally…

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luxtimes.lu broke the news in on Wednesday, July 2, 2025.
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