ECB's Schnabel Warns Against Cutting Rates Too Far

The video discusses the European Central Bank's (ECB) cautious approach to monetary policy, emphasizing the proximity to a neutral rate and the risks of premature rate cuts. It highlights the potential impact of the Trump administration's tariffs on the global economy, particularly in Europe, and the complexities of German labor laws affecting layoffs. The discussion also covers the inflationary and deflationary pressures within the Eurozone and the ECB's strategy to navigate these challenges.

What uncertainties does the board member express regarding Trump's policies and their effects on the economy?

How do the views of the dovish council members differ from the overall stance of the ECB?