Lagarde: highly respected Federal Reserve Chairman Powell, stable relationship between central banks

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Odaily Planet Daily News: European Central Bank President Lagarde expressed great respect for Federal Reserve Chairman Powell. The relationship between central banks is stable and solid, and the situation regarding tariffs cannot be fully clarified at the June meeting. The most obvious response from the EU is to provide zero tariffs and redirect the flow of goods, but there has been no discussion of stimulus measures. She has mentioned the possibility of a 50 basis point interest rate cut, but the market generally responds strongly to a 25 basis point rate cut. (Golden Ten)

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