【CNBC】Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum

In the U.S., the Powell-led Fed has kept its main policy rate steady for the past year despite inflation rates well off their mid-2022 peaks. Lagarde’s ECB enacted a quarter-percentage-point cut that took its rate down to 4.25%, while Neto’s bank cut by a quarter point in May to take its primary rate down to 10.5%.

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