Research: Credit boost to Eurozone economy not enough to offset impact of tariffs.
The monthly data released by the European Central Bank showed that the credit supply in April had a slightly increased boost to the economy. This favorable factor, although not enough to completely offset the impact of the tariffs imposed on EU goods by the United States, is still beneficial for the economy. The ECB's Governing Council may cut interest rates again in June to mitigate the impact.
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