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WSJ Economy · Jul 28, 2025 11:07 AM EDT MacroGeopolitics

Higher Tariffs Might Not Be High Enough to Spur ECB to Further Rate Cuts

The 15% tariff that will apply to most of Europe’s exports to the U.S. is larger than ECB economists assumed it would be back in June.

Higher Tariffs Might Not Be High Enough to Spur ECB to Further Rate Cuts
Image WSJ Economy

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