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Trump trade war 'could push eurozone into full-blown recession'; UK and US expected to cut interest rates today - business live

By The Guardian   |   1 month ago
Trump trade war 'could push eurozone into full-blown recession'; UK and US expected to cut interest rates today - business live

The European Central Bank's vice president, Luis de Guindos, warns of increased caution due to Trump's election victory and tariff threats, impacting interest rate decisions. Uncertainty from trade tensions and conflicts prompt a conservative approach in adjusting rates.

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