ECB President Lagarde emphasizes vigilance despite hitting 2% inflation target. Fed Chair Powell notes U.S. economy’s strength, expects higher inflation due to tariffs. Bank of Korea expects deflationary impact from tariffs. Bank of England Governor Bailey warns of inflation pressures and potential tariff impact. Bank of Japan Governor Ueda highlights below-target underlying inflation. US stocks lower as rate cut hopes fade, Dow up, NASDAQ down. Notable gainers include Nike, UnitedHealth, Amgen.
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