Risk of a significant global slowdown has increased considerably - German economy ministry ...Middle East

Effects of US tariffs are not yet reflected in current economic indicatorsThe risk of a significant global slowdown has increased considerablyThat will also have an impact on the German economyUncertainty about development of German exports is exceptionally high due to tariffs policy

Just when you think the German economy might be turning a corner, then US tariffs are now going to kick in. With a surging euro, it only adds to concerns about the situation for the industrial sector and exports. Will the ECB be quietly thinking about a 50 bps rate cut?

This article was written by Justin Low at www.forexlive.com.

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