European Central Bank executive board member Elderson said that some of the downward economic risks have eased.

European Central Bank Executive Board member Frank Elderson expressed that although the outlook is still difficult to predict, some of the risks facing the region's economy have eased. This official, who usually speaks infrequently about monetary policy, pointed out that positive factors include the trade agreement between the EU and the United States, as well as the ceasefire in the Middle East.