The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.
Category: European Central Bank
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Trump’s Fight with the Fed Carries a Heavy Cost, Experts Say
The president’s attacks on the central bank’s independence could undermine investor confidence in the institution at a crucial time.
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Investors See Few Alternatives to U.S. Treasuries. Could Europe Make One?
As President Trump’s chaotic economic policies provoke questions about U.S. stability, a proposal for European countries to issue joint debt has drawn attention.
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E.C.B. Pauses Rate-Cutting Campaign, as Trade Disputes Cloud Outlook
After eight consecutive cuts, policymakers held interest rates steady, noting that “the environment remains exceptionally uncertain.”
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In Europe, Economists See a Chance to Rise on the Global Stage
Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the United States and China.
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Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
The Federal Reserve chair said the central bank would make decisions on interest rates based on data.
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Zero Interest Rates Are Back in Europe
The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President Trump’s tariffs.
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European Central Bank Cuts Rates as Trade War Weighs on the Economy
It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.
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As Backlash to Trump’s Tariffs Grows, Europe Boycotts American Brands
A shifting perception of the United States amid President Trump’s trade war is prompting Europeans to pivot decisively away from U.S. goods and services.
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European Central Bank Cuts Rates Amid Tariff Uncertainty
Policymakers lowered rates a quarter point and said that the region’s growth outlook had “deteriorated” because of rising trade tensions.
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Trump Says Fed Chair’s ‘Termination Cannot Come Fast Enough’
The president said that Jerome Powell has been too hesitant to cut interest rates, and “he should certainly lower them now.”
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E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders in increase borrowing to ramp up military spending has reshaped the fiscal picture that the central bank must confront.