Jerome Powell, the Chair of the US Federal Reserve, highlighted the challenges of balancing price stability and maximum employment amid a global trade war. He warned that rising tariffs could increase inflation while hindering growth, complicating interest rate decisions. Powell emphasized that maintaining price stability is the Fed's top priority, despite the potential need for policy adjustments. Meanwhile, US equity markets experienced a selloff, and gold prices surged to record highs as investors sought safe havens. The European Central Bank is expected to cut interest rates amid easing eurozone inflation. Teljes cikk (Euronews.com)