Institution: If tariffs hit US economic growth, euro may further rise

BlockBeats News: On May 19th, Nicolas Jullien, an analyst at Candriam, stated in a report that due to the significant negative impact of US tariffs on US economic growth, the euro against the US dollar seems to be further strengthening. Although the potential impact on inflation is more difficult to measure, the disruption to demand may be greater than the direct impact of price increases, "he said. The end of American exceptionalism and the loss of confidence in American assets should benefit the euro as well as Germany's infrastructure and defense spending plans. (Golden Ten)