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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.
Key Takeaways During remarks at a European central bankers conference, Fed Chair Jerome Powell said the central bank would likely have already moved forward with interest rate cuts had President ...
Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no plans to change how it offers dollar liquidity ...
European central bankers gathering in Portugal were greeted with some good news Tuesday: Inflation is back at its target. "We ...
EUROPEAN shares ended slightly lower on Tuesday, with industrials and banks the biggest drags as investors weighed ...
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...
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 ...
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