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SQUAWK BOX, WEDNESDAY 17TH APRIL, 2024
Manage episode 412970623 series 2508762
Federal Reserve Chairman Jerome Powell has said that inflation is likely to delay rate cuts this year and says recent data has not provided the central bank with enough confidence to move. However, ECB President Christine Lagarde tells our colleagues Stateside that cuts are due soon, barring any major shocks. The IMF raises global forecasts for growth and hikes its U.S. outlook. The group’s First Deputy MD tells CNBC that the Fed’s prudence is justified. And a lack of demand from Chinese consumers weigh on French luxury giant LVMH’s Q1 sales.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1333 odcinków
Manage episode 412970623 series 2508762
Federal Reserve Chairman Jerome Powell has said that inflation is likely to delay rate cuts this year and says recent data has not provided the central bank with enough confidence to move. However, ECB President Christine Lagarde tells our colleagues Stateside that cuts are due soon, barring any major shocks. The IMF raises global forecasts for growth and hikes its U.S. outlook. The group’s First Deputy MD tells CNBC that the Fed’s prudence is justified. And a lack of demand from Chinese consumers weigh on French luxury giant LVMH’s Q1 sales.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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