ECB wants to be neutral at this stage: Kumra

Breakdown

• ECB officials are not alarmed by the strong euro and are focusing on positive economic impacts. 13s
• The ECB is monitoring trade tensions, especially tariffs from the US and overcapacity from China, but remains neutral. 1m 13s
• Inflationary risks are seen as limited unless the EU retaliates with tariffs. 2m 12s
• Fiscal reforms in Germany are being observed for their potential impact on growth and inflation. 2m 39s
• The ECB governing council is more unified than its US and UK counterparts, with decisions guided by data. 3m 12s