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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Ceremonial soldiers parade during the 79th anniversary of the Victory Day in Red Square in Moscow, Russia, on May 9, 2024. (Sefa Karacan via Getty Images)