European Central Bank Governing Council member Jose Luis Escriva has stated that policymakers are closely monitoring the effects of US tariffs on the euro-area economy. In a video message posted on the Bank of Spain’s website on Thursday, Escriva emphasized the ECB’s commitment to maintaining price stability as its primary mandate. He noted that achieving this goal is also the central bank’s most significant contribution to fostering sustainable economic growth within the eurozone.
— new from Bloomberg
