European Central Bank Governing Council member Edward Scicluna, Malta's cenral bank head:
- ECB mustn’t rush further interest-rate cuts
- the effects of higher Trump trade tariffs on prices are not clear yet
- “It’s not so straightforward whether higher trade tariffs will be disinflationary or inflationary,”
- “The jury is still out and we shouldn’t jump to conclusions as this is crucial.”
Bloomberg carry the report (gated)
