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.
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Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fedâs latest economic report as a âcomplete mess.â Trump accused Powell of being âtoo late and wrongâ 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 Powellâs stark warning that Trumpâs sweeping tariffs could drive the U.S. into stagflation. With Powellâs term running through 2026 and legal protections in place, Trumpâs demand has ignited a constitutional debate over presidential power and the independence of Americaâs central bank.
#TrumpVsPowell #JeromePowell #FedChair #TrumpTweets #JayPowell #TrumpNews #TrumpBlastFed #FederalReserve #TrumpEconomicPolicy #TrumpAdministration #PowellNews #TrumpTwitter #USFedChair #TrumpTradePolicy #Trump
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Thousands, including celebrities, took to the streets across the country over the weekend for "No Kings" protests, a growing movement aimed at challenging.. TMZ.com
Iran-Israel Biggest War Update: In a dramatic one-hour phone call, Russian President Vladimir Putin and U.S. President Donald Trump discussed the escalating Iran-Israel conflict, the Ukraine war, and the future of nuclear negotiations. According to the Kremlin, Putin condemned Israelâs airstrikes that killed top Iranian generals and scientists, stressing their timing before nuclear talks. Despite global tensions, both leaders reportedly explored diplomatic options, including a return to Iran nuclear talks and post-June 22 Ukraine negotiations. The call also touched on prisoner swaps, humanitarian aid, and Trumpâs 79th birthday.
#PutinTrump #IranIsraelConflict #UkraineWar #BreakingNews #NuclearTalks #USRussia #MiddleEastCrisis #RussiaUkraine #TrumpPutinCall #TehranStrikes #IsraelAirstrikes #IranRetaliation #GlobalDiplomacy #PutinStatement #TrumpBirthday #PrisonerSwap #KremlinReport #BallisticMissiles #RussiaUSRelations #InternationalCrisis
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President Trumpâs highly anticipated 250th Army anniversary parade in Washington D.C. was meant to be a patriotic spectacleâbut it fell flat. Despite tanks, military flyovers, and millions spent, the streets were shockingly under-attended. Meanwhile, tens of thousands of anti-Trump protesters flooded cities across the U.S., chanting âNo Kingsâ and calling for his ouster. The contrast was jarring: as Trump delivered a brief 8-minute speech calling the U.S. âthe hottest country,â political violence rocked Minnesota and national tensions surged. Is this a celebrationâor a country in crisis?
#TrumpParade #NoKingsProtest #Army250 #PoliticalViolence #MinnesotaShooting #AntiTrumpProtest #WashingtonDC #MilitaryParade #TrumpNews #USPolitics
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In a bold Truth Social post, Donald Trump warned Iran not to target U.S. military bases following Israeli strikes on Iranian defense HQs and oil facilities. While denying U.S. involvement in the overnight attacks, Trump issued a stark threat of overwhelming military force if Iran retaliates. Simultaneously, he claimed he could âeasilyâ broker peace between Israel and Iran. As exchanges intensifyâmarked by Iranâs use of the Fattah-1 hypersonic missileâfears of a wider war escalate across the region.
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Bharatiya Janata Party criticized Congress for claiming Pakistan's army chief was invited to a US military parade. The White House denied the claim. BJP MP.. IndiaTimes
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank..
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair..
President Trump is set to announce a major trade deal with a âhighly respectedâ nationâconfirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and..
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