Jun
20
Central Bank Leaders Warn Trade Conflicts Could Damage Global Economy
ByFed Chairman Jerome Powell says changes in trade policy ‘could cause us to have to question the outlook’
SINTRA, Portugal—Leaders of the world’s top central banks warned Wednesday that escalating trade conflicts could ricochet through financial markets and hurt the world economy, potentially prolonging the era of ultralow interest rates.
Rising tensions over trade come at an awkward time for major central banks, which have started moving away from easy-money policies introduced since the global financial crisis…
Central Bank Leaders Warn Trade Conflicts Could Damage Global Economy
