Exclusive: ECB braces for bigger-than-anticipated growth hit from tariffs - sources

Reuters - 09/04
Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank and the turmoil could also drag inflation down in the near term, four sources told Reuters.
FRANKFURT, April 9 (Reuters) - Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank and the turmoil could also drag inflation down in the near term, four sources told Reuters.
The ECB last month predicted that a trade war would take 0.5 percentage points off the euro zone's economic growth in the first year and would briefly send prices up by a similar magnitude if the European Union retaliated.

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But the actual tariffs unveiled by U.S. President Donald Trump since then are far more de...
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