Fed Chair Powell and ECB President Lagarde Discuss Economies at Sintra Forum: US Economy Nearing Fed's Goals, Europe Monitoring Services Inflation

Sintra, Portugal, Portugal Portugal
Brazil Central Bank Governor Roberto Campos Neto emphasized fiscal concerns as the main risk for economies and markets.
Federal Reserve Chair Jerome Powell and European Central Bank President Christine Lagarde spoke at the ECB Forum on Central Banking in Sintra, Portugal on July 2, 2024.
Lagarde discussed sticky services inflation in Europe that needs close monitoring to ensure appropriate interest rate adjustments.
Powell indicated that the US economy is getting closer to what the Fed wants with a gradually cooling economy and labor market, progress on inflation, and stable unemployment and growth rates. He expressed confidence that disinflationary trends are resuming in the US economy.
Fed Chair Powell and ECB President Lagarde Discuss Economies at Sintra Forum: US Economy Nearing Fed's Goals, Europe Monitoring Services Inflation

Federal Reserve Chair Jerome Powell and European Central Bank President Christine Lagarde were among the speakers at the ECB Forum on Central Banking in Sintra, Portugal, on July 2, 2024. Powell indicated that the US economy is getting closer to what the Fed wants with a gradually cooling economy and labor market, progress on inflation, and stable unemployment and growth rates. He expressed confidence that disinflationary trends are resuming in the US economy. Lagarde discussed sticky services inflation in Europe that needs close monitoring to ensure appropriate interest rate adjustments. Brazil Central Bank Governor Roberto Campos Neto emphasized fiscal concerns as the main risk for economies and markets.

Powell's remarks were delivered live on various news channels, including Fox Business Channel and Fox News Channel.


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Confidence

95%

No Doubts Found At Time Of Publication

Sources

97%

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(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Watch Fed Chair Powell, ECB's Lagarde speak live at central bank policy forum

CNBC News Jeff Cox Tuesday, 02 July 2024 13:17
  • Unique Points
    • Fed Chair Powell will join a panel at the European Central Bank forum on Tuesday.
    • ECB President Christine Lagarde and Brazil Central Bank Governor Roberto Campos Neto will also be on the panel.
    • CNBC's Sara Eisen will moderate the discussion.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

97%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Powell Says Risks Have Come Closer to Balance

Bloomberg News Now Tuesday, 02 July 2024 15:23
  • Unique Points
    • Fed Chair Powell indicates the US economy is getting what the Fed wants with a gradually cooling economy, a gradually cooling labor market, progress on inflation, 4% unemployment, and 2% growth.
    • Powell expresses confidence that disinflationary trends are resuming in the US economy.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

90%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

WATCH LIVE: Fed Chair Powell delivers remarks at European Central Bank Forum in Portugal

FOX Business Network Tuesday, 02 July 2024 15:23
  • Unique Points
    • Fed Chair Powell is delivering remarks at the European Central Bank Forum in Portugal
    • Live streaming of his speech is available on Fox Business Channel and Fox News Channel
  • Accuracy
    • ][Fed Chair Powell is delivering remarks at the European Central Bank Forum in Portugal][] This fact is not contradicted by any other article.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

95%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

ECB faces speculation over market intervention after French elections

Financial Times Tuesday, 02 July 2024 15:23
  • Unique Points
    • ECB is facing speculation over market intervention after French elections
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication