Europe Faces Major Risks in U.S.-China Trade War, ECB Warns
The European Central Bank (ECB) still has room to lower interest rates further as inflation continues to moderate, according to ECB board member Piero Cipollone. However, he also cautioned that escalating trade tensions between the U.S. and China could have significant repercussions for the eurozone economy. Since June, the ECB has reduced borrowing costs five…
