ECB'S STOURNARAS: APPOPRIATE MONETARY POLICY RESPONSE IN EURO ZONE WILL DEPEND ON SIZE, NATURE OF ENERGY SHOCK

ECB'S STOURNARAS: THERE ARE DOWNSIDE RISKS TO EURO ZONE ECONOMY GROWTH FORECASTS, REFLECTING STRUCTURAL VULNERABILITY TO ENERGY DISRUPTIONS

1. Trump Unleashes Profanity Against Iran – On April 5th, Trump posted on social media hinting at bombing Iranian power plants and bridges on April 7th. He even used profanity in the post. He wrote: "Open the Fuckin' Strait, you lunatics, or you'll be in hell—just wait and see!" 2. Expected Agreement with Iran Before April 7th Deadline On April 5th, local time, Trump stated in an interview that the US is currently engaged in "deep negotiations" with Iran and hopes to reach an agreement before his set April 7th deadline. 3. Suspected Announcement of Specific Time for Ultimatum to Iran Trump posted on social media: "Tuesday evening at 8 p.m. ET (Wednesday morning at 8:00 AM Beijing time)." The post only mentioned the time and did not mention Iran. Several mainstream media outlets interpreted this as "Trump extending the deadline for Iran by 24 hours." 4. US Media: US-Iran Mediators Make Final Efforts to Secure 45-Day Ceasefire – According to Axios, sources revealed that the US, Iran, and a group of regional mediators are discussing the terms of a potential 45-day ceasefire agreement. 5. Not Ruling Out the Possibility of Sending Ground Troops to Iran – According to The Hill, when asked if he would rule out sending ground troops to Iran, Trump replied, "No." 6. Satisfied with the Rescue of the US Pilot According to Israel's Channel 12 television on April 5, Trump spoke about the rescue of the US pilot in Iran in an interview, saying he was "very satisfied" with the outcome. He said, "Israel and the United States cooperated very well; the relationship is like that of a 'big brother and little brother.'" 7. Reiterates Calling NATO a "Paper Tiger" According to ABC News, Trump stated that NATO is a paper tiger; they have no ships, nothing, and Putin has no fear of them. Trump believes there is currently no need to deploy US troops on the ground, but he does not rule out any possibilities. 8. White House Denies Rumors of Trump's Serious Illness and Hospitalization – On April 4th local time, news of Trump's serious illness and hospitalization quickly went viral on American social media. White House Communications Director Steven Cheung posted a denial, and the White House also responded to online speculation through its official account, stating that the news was false. 9. Trump Criticizes Supreme Court for "Terrible Decisions" – Trump criticized the U.S. Supreme Court on social media, calling it a series of "terrible decisions" on tariffs and birthright citizenship issues.