Federal Reserve Bank of New York President John Williams said on Friday that United States President Donald Trump's tariffs are expected to increase inflation in the country to between 3.5% and 4% this year."Given the combination of the slowdown in labor force growth due to reduced immigration...
European Central Bank (ECB) President Christine Lagarde said on Friday that the ECB is ready to use the available instruments in order to achieve price and financial stability in the face of tariffs imposed by the United States. She added that the ECB is closely monitoring the markets and has observed a...
Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau underlined on Friday at a Eurofi conference in Warsaw that the European Union "mustn't follow" United States President Donald Trump on financial deregulation.He insisted that...
The annual inflation rate in Germany stood at 2.2% in March, just as the preliminary document and analysts predicted it would, the Federal Statistical Office (Destatis) revealed in its final report published on Friday. Month-on-month, the Consumer Price Index (CPI) went up by 0.3%.The increase was...
Federal Reserve Bank of Chicago President Austan Goolsbee cautioned on Thursday that the bar for adjusting monetary policy is now "pretty high," suggesting the Federal Reserve should "wait and see" before making a move on the interest rates.Goolsbee emphasized the need to keep all policy...
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