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59 new news items in the last 24 hours
1 July 20:50

Jerome Powell said that the Fed would have cut interest rates in the absence of Trump's tariffs, but inflation has risen because of them.

Liviu Brăteanu
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International
sursa foto: Jim WATSON / AFP / Profimedia
Speaking at a forum organized by the European Central Bank, Jerome Powell said the Federal Reserve would have continued easing monetary policy and cut interest rates this year if not for Trump's plan to impose tariffs. These tariffs have led to a significant increase in US inflation forecasts. The Fed currently keeps its benchmark interest rate between 4.25% and 4.5%, and Powell emphasized that future decisions will depend on economic data. Analysts expect interest rates to remain unchanged in July.

Sources

sursa imagine
Mediafax
Jerome Powell afirmă că politica tarifară a lui Trump a împiedicat relaxarea monetară a Fed
sursa imagine
Ziarul Financiar
Lovitură puternică pentru Trump: Jerome Powell, şeful Fed, spune că banca centrală ar fi redus dobânzile dacă preşedintele SUA nu ar fi anunţat noile taxe vamale
sursa imagine
NBC News
Trump's tariffs kept Fed from cutting rates, Jerome Powell says

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Donald Trump contests the independence of the Federal Reserve, trying to dismiss Governor Lisa Cook and influence monetary policy.
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International
The European Central Bank plans to keep its benchmark interest rate at 2% in September despite geopolitical uncertainties.
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International
The American economy grew by 3.3% in Q2, driven by investments in intellectual property, but trade tariffs are affecting future prospects.
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International
Scott Bessent, the Treasury Secretary, proposes a review of the Fed, highlighting credibility as a threat.
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International
Donald Trump has said he will fire Fed governor Lisa Cook if she does not resign, accusing her of mortgage irregularities.
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Economy
The NBR will keep interest rates unchanged, pending clarification on inflation, which is expected at 7.5% at the end of the year.
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EDF Donald Trump customs duties

Informat Diaspora

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Diaspora
yesterday 09:56

A Romanian woman from Germany went viral on TikTok, revealing that the real problem for emigrants is the poor internet infrastructure, not the language or work.

Sources
imagine sursa

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