- Jitters in Frankfurt -The moves are causing jitters at the ECB -- a stronger euro makes imports cheaper, potentially adding to downward pressure on inflation, at a time officials were already worried about too sharp a slowdown. The ECB does not target any particular exchange rate, but officials do monitor currency movements as they could impact inflation. A stronger euro is also problematic for the region's export-driven economies, particularly Germany, as it makes the cost of companies' goods pricier overseas. - 'Global euro' -A stronger euro is not all bad news -- it boosts household spending power, at home and on holidays overseas. Still, ING economist Carsten Breski said the jitters over the stronger euro show that it is "hard to reconcile the ambition of a global euro with an export?orientated economy".
Source: Bangladesh Sangbad Sangstha February 02, 2026 02:34 UTC