European Central Bank President Lagarde has made a statement about the current inflation shock. According to her, this shock will have a longer duration than initially thought.
Further information on her statement is available from the source. The details of her assessment have been reported by Bloomberg.com.
The ECB president's comments suggest a prolonged period of inflation, but specific details are not provided here. For a more in-depth understanding, readers can refer to the original report on Bloomberg.com.
Kevin Hassett, director of the National Economic Council, on Sunday played down President Trump's threat to begin a trade war if the Federal Reserve doesn’t drop interest rates. “I don't expect the trade's going to go to zero, but I do think that the president has a very strong o...
