European Union flags flutter outside the European Central Bank (ECB) headquarters in FrankfurtThomson ReutersA Trump win would pose risks to economic growth and inflation in Europe, ECB member Joachim Nagel says.Nagel points to Trump's plans for high tariffs, expansionary fiscal policies, and immigration restrictions.Europe's economy has dragged in recent months as Germany faces a potential recession.With five weeks until the US presidential election, economic policy experts in the US and abroad are holding their breath as they calculate the candidates' potential impact.Officials in Europe, for their part, are warily eyeing what a Donald Trump win would mean.

BING NEWS:
  • Trump win would hammer growth and send inflation soaring in Europe, ECB official says
    Trump's high tariffs would pose risks to both economic growth and inflation in Europe, ECB member Joachim Nagel said during a conference on Tuesday.
    10/9/2024 - 1:52 am | View Link
  • ECB’s Nagel Fears Slower Growth, Faster Inflation If Trump Wins
    Europe’s economy could face significantly less growth and more inflation, should Donald Trump win re-election as US president, European Central Bank Governing Council member Joachim Nagel warned.
    10/8/2024 - 6:00 am | View Link
  • Inflation in Europe falls below 2% and opens the way for faster rate cuts
    FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank's target of 2% for the first time in more than three years as ...
    09/30/2024 - 11:31 pm | View Link
  • Trump and Harris' views on inflation, according to their records and what they've said
    This results in less economic activity and lower growth. The Federal Reserve, which sets monetary policy, has been trying to give the nation a "soft landing." Its target inflation rate is 2%.
    09/18/2024 - 5:54 am | View Link
  • Tax cuts, tariffs and deportation: How economists say Donald Trump would increase inflation
    But tariffs − which, along with tax cuts and deporting undocumented immigrants, are among Trump's top priorities − are at odds with Trump's promise to eradicate inflation. Both presidential ...
    09/14/2024 - 1:00 pm | View Link
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