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ECB's Nagel: The Euro space is in stagnation image this 12 months

  • The world economy is in a very delicate situation.
  • We need a better understanding of how to find compromise on tariffs.
  • Tariffs are not a good policy, that’s for sure.
  • There is a lot of uncertainty, we have to be cautious.
  • In the Euro system, we are on a good path.
  • We can come close to price stability over course of 2025.
  • I see a lot of good news when it comes to inflation.
  • Meeting by meeting is best way to conduct policy.
  • We can’t exclude a German recession this year.
  • It’s much too early to come to a conclusion on what the tariff scenario means for both sides of the Atlantic.
  • Chinese products might come to Europe instead of the US.
  • The role of Germany does not change with a new financial package.
  • The package is an important message to the world that Germany is doing its homework.
  • The German economy will do much better over coming years.
  • The German fiscal package won’t be inflationary.
  • The doubt over safe-haven status of US Treasuries is not good.
  • It’s not good to doubt the US Dollar’s position as a safe haven.
  • We should give back the US Treasury the safe haven status.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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