Investing.com -- European Central Bank President Christine Lagarde expressed concern on Friday about the potential impact of escalating trade tensions on the global inflation outlook. During her statement at the 51st meeting of the International Monetary and Financial Committee, she noted that these tensions may cause fluctuations in exchange rates, affect import prices, and disrupt supply chains.
Lagarde emphasized the uncertainty of the impact on inflation, stating, "Tariffs can trigger fluctuations in exchange rates, affect import prices and disrupt supply chains, and the impact on inflation is uncertain." This underlines the potential for global economic instability as a result of ongoing trade disputes.
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