Wednesday , 12 February 2025
Home Forex ECB’s Villeroy: US tariffs will most likely have a negative impact on the economy
Forex

ECB’s Villeroy: US tariffs will most likely have a negative impact on the economy

  • There will very likely be a negative effect
  • Protectionism is a seductive short-term policy
  • But in the long-term, it is a losing strategy
  • France still likely to avoid economic recession in 2025

He’s speaking more in his capacity as Bank of France governor here. This comes after the Bank of France itself estimates that the French economy is on track for 0.1% to 0.2% quarterly growth in Q1 this year.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

GBPUSD Technical Analysis – The market awaits the US CPI report

Fundamental OverviewThe USD got a short term boost recently as Trump floated...

Market rally or collapse? This chart pattern says it all [Video]

Watch the video from the WLGC session on 11 Feb 2025 to...

EUR/USD stays firm ahead of US CPI

EUR/USD moves higher to near 1.0380 in Wednesday’s European session ahead of...

A point to note about the US CPI report later

This is something Adam mentioned already yesterday here: Warning: There is a...