ECB Sintra conference

Trump sent handwritten note to Powell calling for lower interest rates

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Trump sent handwritten note to Powell calling for lower interest rates

On June 30, 2025, President Donald Trump sent a handwritten note to Federal Reserve Chair Jerome Powell, urging him to lower interest rates significantly, accusing him of costing the U.S. “a fortune” by maintaining rates at 4.25%–4.5%. The note, written in Trump’s signature black Sharpie on a chart ranking global central bank rates, read: “Jerome, … Read more

European Central Bank Warns of Rising Volatility Amid Inflation Uncertainty

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European Central Bank Warns of Rising Volatility Amid Inflation Uncertainty

On July 1, 2025, the Northwest Arkansas Democrat-Gazette reported remarks from European Central Bank (ECB) President Christine Lagarde, who cautioned that inflation has become more unpredictable due to global shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine. Speaking at the ECB’s annual conference in Sintra, Portugal, Lagarde highlighted the need for policymakers to … Read more