The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.
The weekend will present the first test of how serious US President Donald Trump is with his protectionism threat, as Canada and Mexico face a 25% tariff deadline tomorrow, ING's FX analyst Francesco Pesole notes.
Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.
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"Shameful", reads the Daily Mirror's headline as it covers Donald Trump's blame for the Washington air collision on diversity hires. The paper calls it a "new low" for what is says is the deadliest air tragedy in the US since 2001. The paper quotes the former US transport secretary as saying: "Trump should be leading, not lying".
The global economy is on edge as U.S. President Donald Trump's proposed tariffs ripple across financial markets, sparking volatility and shifts in currency values. The U.S. dollar – which had recently reached a two-year high earlier this month – has shown signs of weakness amid investor uncertainty and fallen to a two-week low,
The ECB has reinforced its push for a digital euro in response to Trump’s executive order promoting US dollar-backed stablecoins.
The ECB's decision will come a day after the Federal Reserve issues its latest call, with markets expecting the US central bank to hold rates steady, while also watching for its views on the ...
Chart shows the euro remains much lower than prior to U.S. President Donald Trump's election 3/ How far does the ECB need to cut rates? Traders expect almost four rate cuts from the ECB this year ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
It was not the outcome Trump said a week earlier he would "demand" from a Fed chief he appointed in his first term, soured on over differences about rate policy