Europe’s Extreme Summer Weather Could Cost It Billions

Heat waves and flooding could cost the European Union $50 billion in damage to buildings and crops as well as a loss of productivity, a new study found.

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Trump’s Fight with the Fed Carries a Heavy Cost, Experts Say

The president’s attacks on the central bank’s independence could undermine investor confidence in the institution at a crucial time.

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Investors See Few Alternatives to U.S. Treasuries. Could Europe Make One?

As President Trump’s chaotic economic policies provoke questions about U.S. stability, a proposal for European countries to issue joint debt has drawn attention.

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E.C.B. Pauses Rate-Cutting Campaign, as Trade Disputes Cloud Outlook

After eight consecutive cuts, policymakers held interest rates steady, noting that “the environment remains exceptionally uncertain.”

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In Europe, Economists See a Chance to Rise on the Global Stage

Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the United States and China.

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Despite Pressure From Trump, Powell Still Patient on Rate Cuts

The Federal Reserve chair said that the central bank would make decisions on interest rates based on data.

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European Central Bank Cuts Rates as Trade War Weighs on the Economy

It was the eighth rate cut in the past year, extending the bank’s divergence from the Federal Reserve, which has held rates steady since the end of last year.

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As Backlash to Trump’s Tariffs Grows, Europe Boycotts American Brands

A shifting perception of the United States amid President Trump’s trade war is prompting Europeans to pivot decisively away from U.S. goods and services.

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European Central Bank Cuts Rates Amid Tariff Uncertainty

Policymakers lowered rates a quarter point and said that the region’s growth outlook had “deteriorated” because of rising trade tensions.

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Trump Says Fed Chair Jerome Powell’s ‘Termination Cannot Come Fast Enough’

The president said that Jerome Powell has been too hesitant to cut interest rates, and “he should certainly lower them now.”

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