Trump, not yet in office, already a figure in global economic policy

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Meanwhile, rate decisions are due in the coming hours from central banks in Japan, Sweden, Norway and the United Kingdom.

The upshot was US central bankers penciled in estimates for higher growth next year than previously estimated, but also notably higher inflation.

While ECB President Christine Lagarde was vague about further rate cuts, she went out of her way to emphasize downside risks to growth, including from prospective trade tensions with the United States under Trump.

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Category: BusinessFinance

Markets: IndiaCanadaJapanNorwaySwedenUnited KingdomUnited States

Topics: Frankfurt London Tokyo Ottawa Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 09:18:43 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 743 words

Reading Time: 5 minutes read

Sentences: 17 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24543590

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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