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Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting interest rates, in the face of intense pressure from President Trump to follow central banks around the world that have acted faster.
Federal Reserve Chair Jerome Powell will speak Tuesday morning from the European Central Bank’s annual retreat in Portugal, ...
Speaking on the matter of the Fed's dollar swap lines system, Powell told a gathering held by the European Central Bank that ...
Stoxx 600 down 0.21%, Germany's DAX falls 0.99%, France's CAC slightly slips 0.04%, while UK's FTSE rises 0.28% - Anadolu ...
() – Central bankers applauded Federal Reserve Chairman Jerome Powell on Tuesday when he ducked a question about how ...
European central bankers gathering in Portugal were greeted with some good news Tuesday: Inflation is back at its target. "We ...
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...
U.S. President Donald Trump’s trade war is driving central banks across Europe to support their economies by cutting interest ...
Federal Reserve Chair Jerome Powell reiterated his view that steady economic activity would allow the central bank to wait and see the effects of tariff hikes before resuming interest-rate cuts.
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