Powell and Lagarde count cost of Trump's turbulence
From tariff-related trade ructions to oil-price gyrations caused by Middle East hostilities, the question of how to handle the fallout from White House decisions may loom large as Federal Reserve chief Jerome Powell speaks on a panel with peers from the euro zone, Japan, South Korea and the U.K.
The high-powered gathering at the European Central Bank's annual retreat in Portugal will be the first time that its president, Christine Lagarde, has shared a stage for a public discussion with her U.S. counterpart since the same event in 2024.
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