LONDON DAILY ARCHIVE
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
U.S. President urges Federal Reserve to cut rates, contrasting ECB's actions
09 June 2025 · 10:59 UTC

While the European Central Bank has already reduced rates, the Fed remains cautious amid inflation concerns.
Trump's calls for a full percentage point cut highlight the differing approaches to monetary policy on either side of the Atlantic.