ECB cuts rates again as Trump tariffs weigh on economic outlook
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.
READ MORE : http://www.euronews.com/2025/04/17/ecb-cuts-rates-again-as-trump-tariffs-weigh-on-economic-outlook
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Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fedās latest economic report as a ācomplete mess.ā Trump accused Powell of being ātoo late and wrongā on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powellās stark warning that Trumpās sweeping tariffs could drive the U.S. into stagflation. With Powellās term running through 2026 and legal protections in place, Trumpās demand has ignited a constitutional debate over presidential power and the independence of Americaās central bank.
#TrumpVsPowell #JeromePowell #FedChair #TrumpTweets #JayPowell #TrumpNews #TrumpBlastFed #FederalReserve #TrumpEconomicPolicy #TrumpAdministration #PowellNews #TrumpTwitter #USFedChair #TrumpTradePolicy #Trump
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Is the EU banning American credit cards?
Social media users allege that ECB President Christine Lagarde has announced plans to get rid of the likes of Visa, Mastercard and PayPal.
READ MORE : http://www.euronews.com/2025/04/16/is-the-eu-banning-american-credit-cards
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Credit: euronews (in English) Duration: 01:57Published
Canada's new Prime Minister Mark Carney is taking a firm stand against President Trumpās aggressive trade rhetoric. After winning a Liberal minority, Carney made it clear that Canada will only engage with Washington on equal terms. He rejected Trumpās ā51st stateā comment and emphasized Canadaās sovereignty and global partnerships. Carney plans to prioritize respect, fairness, and mutual interest in trade talksāvowing to push back on U.S. tariffs and strengthen ties with Europe and the UK. The upcoming G7 summit may be the first major test of this reset.
#MarkCarney #CanadaPM #Trump #USCanadaRelations #TariffWar #TradeTalks #Sovereignty #CarneyVsTrump #GlobalTrade #Tariffs #SteelTariffs #CanadaNews #USPolitics #NorthAmerica #G7Summit #Diplomacy #ForeignPolicy #EnergyTrade #CarneySpeech #WashingtonTalks #CanadaUS #LiberalMinority #PoliticalDrama #CanadaStrong #AlliesOrNot #InternationalRelations #FreeTrade #AmericaFirst #MutualRespect #CarneyRising
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U.S Special Envoy Steve Witkoff recently met Russian President Vladimir Putin in a bid to persuade Russia for a ceasefire deal in Ukraine. This was the 4th such meeting in just over 2 months, but there seems to be no breakthrough yet as Putin remains firm recognition of Russia's control over Crimea and the four regions under Russian control since 2022. With peace talks stalling, could a Putin-Trump summit be the only path forward?
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In a significant development for US-India relations, President Donald Trump has revealed that trade negotiations with India are "coming along great," fueling expectations of a groundbreaking trade deal in the near future. This could be the first major post-tariff agreement, marking a new chapter in bilateral economic ties between the two nations. With both sides eager to finalize terms, could this deal reshape global trade dynamics? In this video, we break down everything you need to know about the Trump administrationās strategy and what this potential deal means for both the US and India.
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In a stunning offhand comment thatās sparked global buzz, U.S President Donald Trump reportedly said, āIād like to be the next Pope,ā following the death of Pope Francis. The remarkāinterpreted by many as sarcasticāhas triggered a wave of reactions from political leaders, religious figures, and the public alike. Is Trump serious, or is this another provocative headline-grabber? Hereās everything we know so far.
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President Donald Trump has officially declared war on Amazon and its founder Jeff Bezos after the company reportedly planned to display the consumer cost impact of U.S. tariffs ā a move the White House calls āhostile and political.ā In a fiery press briefing, Press Secretary Karoline Leavitt blasted the retail giant, accusing it of weaponizing prices to undermine the administrationās economic strategy. Is this a corporate stunt or a political power play? Watch the full breakdown and reaction from the White House as tensions between Trump and Bezos reach a boiling point.
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President Trump signals a potential rollback of his steep China tariffs, saying theyāll ācome down substantially, but wonāt be zero.ā His comments follow Treasury Secretary Scott Bessentās..
š LIVE COVERAGE: As Donald Trump unveils new tariffs, the IMF releases its latest World Economic Outlook ā and global markets are watching closely.
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