ECB President: Powell will not be removed and has great respect for him

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On April 22, ECB President Lagarde stated in an interview: Both Powell and I are accustomed to political pressure, and I have great respect for them, believing that Powell will not be removed.

Tariffs have a negative impact on economic growth. The ECB will be extremely dependent on data performance in decision-making, and there is room for negotiations between Europe and Trump. It is expected that the inflation rate will reach the ECB's 2% target in 2025, and economic growth faces downward risks. (Jinshi)

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