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MNI BRIEF: ECB Monitoring Tariffs, Will Be Cautious-Elderson

ECB Executive Board member Frank Elderson spoke at MNI Connect livestream event.

MNI (LONDON) - The European Central Bank is closely monitoring the effects of U.S. tariffs on inflation, Executive Board member Frank Elderson told an MNI Connect livestream, but he added that policymakers will be cautious and are prepared to “look through the fog of the announcement and focus on the facts.”

“From a monetary policy perspective close monitoring is warranted, as is readiness to act quickly if needed,” Elderson said.

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MNI (LONDON) - The European Central Bank is closely monitoring the effects of U.S. tariffs on inflation, Executive Board member Frank Elderson told an MNI Connect livestream, but he added that policymakers will be cautious and are prepared to “look through the fog of the announcement and focus on the facts.”

“From a monetary policy perspective close monitoring is warranted, as is readiness to act quickly if needed,” Elderson said.

Keep reading...Show less