Lagarde: I have great respect for Fed Chairman Powell, and the relationship between central banks is solid

Planet Daily News: European Central Bank President Lagarde stated that she highly respects Federal Reserve Chairman Powell, and the relationship between central banks is stable and solid. During the June meeting, they could not fully clarify the tariff situation. The most obvious response from the EU is to provide zero tariffs and redirect the flow of goods, but they did not discuss stimulus measures. While she previously mentioned a possible 50 basis point rate cut, the market has shown a strong reaction to a 25 basis point rate cut. (Jinshi)