Video News/Market Analysis

Why Europe could be headed for stagflation – rate cuts and inflation risks – Daniel Lacalle

Jeremy Szafron, Anchor at Kitco News, interviews Daniel Lacalle, Chief Economist at Tressis, for about the latest European Central Bank (ECB) developments and their global impact. Lacalle examines the risks posed by potential ECB rate cuts as inflation falls below 2% for the first time in years, while core inflation remains stubbornly high. He warns that a premature move could lead to stagflation in several Eurozone countries. Lacalle also dives into the broader macroeconomic landscape, exploring how global geopolitical risks, such as the ongoing tensions in the Middle East, are affecting energy markets and inflation worldwide.

Guests: Daniel Lacalle
Source: Kitco News
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