US EditionECB Official Says Trump’s Tariffs Hurt Global Market Stability
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ECB Official Says Trump’s Tariffs Hurt Global Market Stability
ECB’s Villeroy says Trump’s trade stance risks shaking global financial stability. The IMF has lowered its global growth outlook from 3.3% to 2.8% due to trade uncertainty. The ECB wants new crypto rules to protect Europe from rising US stablecoin dominance. Francois Villeroy de Galhau, a key European Central Bank (ECB) official, has warned that Trump’s trade policies could threaten global economic stability. He described the U.S. tariffs as a “…
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