As an astute politician himself, Mario Draghi may give Angela Merkel a gift at next week’s ECB meeting, which comes just 2 weeks ahead of the German election, according to Brendan Brown, chief economist and head of economic research at MUFG. Speaking to Bloomberg Daybreak Europe’s Caroline Hepker and Markus Caroline, Brown also discusses President Trump’s tax plan which he says won’t bolster US growth momentum.

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This photograph shows a Dassault Rafale aircraft parked on the tarmac of the French Air and Space Force Luxeuil-Saint-Sauveur Airbase in Saint-Sauveur, France, on March 18, 2025. (Ludovic Marin/AFP via Getty Images)