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US Central Bank Chief Jerome Powell Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
Bank of Canada says US tariffs could trigger deep recession
If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, ...
Powell Shows Why Fed Independence Matters in a Turbulent America
After months of avoiding conflict with Trump, the head of the Federal Reserve shared his views on tariffs, spending cuts and ...
Jerome Powell warns Trump tariffs could put Fed in ‘challenging scenario’ as US stocks tank
Stocks tanked after Federal Reserve Chair Jerome Powell said President Trump’s surprisingly stiff tariffs could keep ...
The Canadian Press on MSN1d
‘The future is no clearer’: Bank of Canada holds key interest rate steady
The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy.
Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Fox Business8d
China's central bank calls on state banks to reduce US dollar purchases
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the ...