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ECB’s Nagel: Trump's tariffs may have a minor impact on inflation

FXStreetNov 18, 2024 8:08 AM

European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Monday, “Trump's tariffs may have a minor impact on inflation.”

He added, “global integration would have to decrease substantially to cause a noticeable rise in inflationary pressures.”

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