{"id":504987,"date":"2025-10-16T20:09:14","date_gmt":"2025-10-16T20:09:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/504987\/"},"modified":"2025-10-16T20:09:14","modified_gmt":"2025-10-16T20:09:14","slug":"europe-well-positioned-for-future-shocks-ecbs-lagarde","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/504987\/","title":{"rendered":"Europe &#8216;well positioned&#8217; for future shocks: ECB&#8217;s Lagarde"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"European Central Bank President Christine Lagarde said the effect of trade uncertainty had been less painful than feared (Brendan SMIALOWSKI)\" loading=\"eager\" height=\"512\" width=\"768\" class=\"yf-1gfnohs loader\"\/> European Central Bank President Christine Lagarde said the effect of trade uncertainty had been less painful than feared (Brendan SMIALOWSKI)      <\/p>\n<p class=\"yf-1090901\">Europe, under pressure from US tariffs and the war in Ukraine, is in a strong position to weather the next economic storm, ECB President Christine Lagarde said Thursday.<\/p>\n<p class=\"yf-1090901\">With inflation in the eurozone hovering around the European Central Bank&#8217;s two percent target in recent months, &#8220;we are in a good place, and we are well positioned to face future shocks,&#8221; Lagarde said during an event at the International Monetary Fund in Washington.<\/p>\n<p class=\"yf-1090901\">&#8220;We have to face key risk in quantities that we could not anticipate,&#8221; she said, citing, among other things, customs pressures and the ongoing war in Ukraine.<\/p>\n<p class=\"yf-1090901\">&#8220;We had uncertainty, granted, but eventually this driver was not as bad as we had anticipated,&#8221; she added.<\/p>\n<p class=\"yf-1090901\">Many analysts predicted that the increase in US tariffs on European exports, which were ultimately set at 15 percent after tough negotiations, would cause a major shock to growth and a resurgence of inflation in the eurozone.<\/p>\n<p class=\"yf-1090901\">However, the shock has &#8212; so far &#8212; been less pronounced than feared, with a stronger euro helping to reduce imported inflation.<\/p>\n<p class=\"yf-1090901\">Earlier this week, the IMF revised its growth forecast for the eurozone for 2025 upwards to 1.2 percent, thanks to the robust health of the Spanish economy and a slight improvement in Germany and France.<\/p>\n<p class=\"yf-1090901\">tmc\/da\/sst<\/p>\n","protected":false},"excerpt":{"rendered":"European Central Bank President Christine Lagarde said the effect of trade uncertainty had been less painful than feared&hellip;\n","protected":false},"author":2,"featured_media":504988,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[60592,472,2000,299,5187,14441,12705,335],"class_list":{"0":"post-504987","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-brendan-smialowski","9":"tag-christine-lagarde","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-central-bank","14":"tag-international-monetary-fund","15":"tag-war-in-ukraine"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115385661873661976","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/504987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=504987"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/504987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/504988"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=504987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=504987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=504987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}