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ECB Vice President warns global economic uncertainty surpasses levels seen during COVID-19.
The European Central Bank's Vice President, Luis de Guindos, claims the current global economic uncertainty exceeds that of the COVID-19 pandemic, primarily due to concerns over the US administration's stance on multilateralism and potential trade wars.
Despite improved financing conditions and declining interest rates, consumer confidence remains low, impacting consumption.
Additionally, the ECB expects inflation to return to its 2% target by the end of the year.
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El vicepresidente del BCE advierte que la incertidumbre económica global supera los niveles observados durante el COVID-19.