ECB 'Not Going to Save Europe' From Trump Policies: BofA

The video discusses the current state of European assets, highlighting Europe as the weakest link compared to the US and China, especially under Trump policies. It explores the challenges Europe faces in terms of growth, with specific reference to Germany and France. The discussion also covers the policy uncertainty and economic divergence in Europe, noting the limited room for fiscal policy and the role of the ECB.

Why is there no room for fiscal policy in Europe according to the text?

What role does the ECB play in the context of the economic challenges faced by Europe?