European Central Bank (ECB) The member of the Executive Board Piero Cipollone said that “uncertainty in commercial policy could reduce business investment.”
Additional quotes
- The potential of sudden stops in capital flows, interruptions in payments and volatility in currency markets requires robust contingency planning.
- There are more signs that geopolitical considerations increasingly influence investment decisions in gold.
- The recent increase in the uncertainty of commercial policy could reduce business investment in the euro zone by 1.1% in the first year and the growth of real GDP in around 0.2 percentage points in 2025-26.
- The increase in the volatility of the financial market could imply lower GDP growth of approximately 0.2 percentage points in 2025.
Market reaction
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.