Luis de Guindos, vice-president of the European Central Financial institution, discusses the outlook for euro zone inflation and why there is no predetermined route for monetary policy.
Coming months would not be simple for euro zone inflation, ECB’s Luis de Guindos states
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Trump denies that he plans to fire Powell: ‘Highly unlikely’
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump. Craig Hudson | Evelyn Hockstein | Reuters Hours after President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, he denied plans to do that. “We’re not planning on doing it,” he said. “It’s highly […]
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Wholesale inflation measure was unchanged in June
A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for an increase […]
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Market watchers warn Trump might not ‘chicken out’ of 30% tariffs on the EU
Global investors may be underestimating U.S. President Donald Trump’s commitment to follow through on his latest tariff threats, some market watchers have warned. In his latest trade policy update, Trump announced that he would be slapping 30% tariffs on goods imported to the U.S. from the European Union and Mexico from Aug. 1. European markets […]
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