Economists slash eurozone growth forecasts

Donald Trump’s announcement of sweeping 20% tariffs on European exports has prompted economists to slash their eurozone growth forecasts, warning of a looming global slowdown with sharp regional fallout.
Experts broadly agree that the tariff shock will weigh on consumption and investment, while inflation concerns are likely to take a back seat as deteriorating growth dynamics dominate.

This shift strengthens the case for the European Central Bank (ECB) to accelerate its rate-cutting cycle, with the likelihood of an April move increasingly priced in.