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Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
In 2025, the European Central Bank and its American counterpart have taken starkly different approaches to monetary policy, with the ECB continuing to slash interest rates, and the Fed holding them ...
The cut was widely expected by analysts given the sudden shadow cast by Trump’s April 2 announcement of unexpectedly high ...
This was CNBC's live blog covering the European Central ... was last lower against the U.S. dollar just after midday in London, as markets looked ahead to the ECB's interest rate decision.
Last week's tariff announcement by the president has roiled the stock market. But it's also added uncertainty about bank ...
FRANKFURT, Germany (AP) — The European Central ... Frankfurt to lower its benchmark rate by a quarter percentage point to 2.25%. The bank has been steadily cutting rates after raising them ...
Powell also reiterated that Trump’s tariffs would likely raise inflation and slow the economy, which could make it harder for ...