Central Banks Stare Into Trade-War Abyss With Rate Cuts Primed
4 Articles
4 Articles
Powell cautious on inflation risks, ECB poised for rate cut
Speaking at the Economic Club of Chicago, Powell emphasized the longer-term impacts of the ongoing trade war, particularly highlighting disruptions in the auto industry. Supply chains, he warned, could face sustained damage, prolonging inflation pressures beyond immediate shocks. Powell acknowledged this creates a "challenging scenario," reflecting central bankers' broader uncertainty. Powell's stance, highlighting adverse supply-side effects ra…
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