https://www.taxtmi.com/news?id=45566 Euro-area inflation eased to 1.9% in May, below the ECB's 2% target, enabling potential cuts to the ECB's 2.25% policy rate to stimulate borrowing and growth. At the same time, heightened US tariffs on steel, aluminum and autos and a threatened broader tariff on EU goods risk restraining Europe's export-led economy, prompting the EU executive to lower its euro-area growth forecast to 0.9%, highlighting the tension between prospective monetary easing and external trade pressures. en-us Tue, 03 Jun 2025 18:31:04 +0530 Tue, 03 Jun 2025 18:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45566 Euro-area inflation eased to 1.9% in May, below the ECB's 2% target, enabling potential cuts to the ECB's 2.25% policy rate to stimulate borrowing and growth. At the same time, heightened US tariffs on steel, aluminum and autos and a threatened broader tariff on EU goods risk restraining Europe's export-led economy, prompting the EU executive to lower its euro-area growth forecast to 0.9%, highlighting the tension between prospective monetary easing and external trade pressures. News - Tue, 03 Jun 2025 18:31:04 +0530 https://www.taxtmi.com/news?id=45566