Goldman Sees ECB Rates at 1.75% in Summer on Tariffs Concern

The video discusses the economic outlook for the euro area, focusing on wage growth, inflation, and ECB's monetary policy. It highlights expected rate cuts and growth forecasts, considering trade policy uncertainties. The impact of German elections and tariffs on its economy is examined, along with potential fiscal policy changes. The overall subdued growth forecast and ECB's likely response are also covered.

What is the ECB's target inflation rate mentioned in the video?

• 2%

• 1.5%

• 2.5%

• 1%

What is the expected growth rate for the euro area according to the staff projections from December?

• 0.5%

• 0.7%

• 1.5%

• 1.1%

Which country is most exposed to tariffs within the large euro area countries?

• France

• Italy

• Spain

• Germany

What is the main challenge for the Conservative Party in Germany regarding fiscal policy?

• High inflation

• Amending the constitution

• Trade tensions

• Lack of fiscal space

By when does the video suggest that Germany's growth picture might turn around?

• 2023

• 2024

• 2025

• 2026