Fed's Powell: US economy solid, gradual interest rate cuts coming:

It really is a pivotal time for her.

— A well-connected former Whitehall mandarin said this in the context of Rachel Reeves' challenging first year as Chancellor.

Additional increases in trade barriers or prolonged policy uncertainty would further lower growth prospects and likely push inflation higher in countries imposing tariffs.

— OECD Secretary General Mathias Cormann stated the impact of trade wars on global economic growth.

The refusal by the Fed to cut rates is monetary malpractice.

— Vice President JD Vance echoed President Trump's urging for the Federal Reserve to ease monetary policy in a social media post.

I have said time and time again that the Founders wanted to prevent one person from having unilateral control and decision-making powers. That’s why the power of the purse and the ability to tax lie with Congress, not the president.— Senator Rand Paul (Ky.) applauded the court’s ruling, arguing that the Constitution gives Congress, not the president, exclusive authority to tax imports.

Europe is ready to advance talks swiftly and decisively.

— Ursula von der Leyen stated this in a post on X to emphasize the EU's readiness to move negotiations forward.

I wish to congratulate Bulgaria on its tremendous dedication to making the adjustments needed.

— Philip Lane, ECB Executive Board Member, stated this during a press conference.

The President did say that he believes the Fed chair is making a mistake by not lowering interest rates, which is putting us at an economic disadvantage to China and other countries.

— White House spokeswoman Karoline Leavitt regarding the President's comments after the meeting with Jerome Powell.

China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!

— Donald Trump, in a post on his Truth Social platform, accusing China of violating a bilateral deal to roll back tariffs.

Unlike Nigel Farage, I know what it's like growing up in a cost-of-living crisis.— Sir Keir Starmer, contrasting his experiences with those of Nigel Farage during a speech.

The question is not whether China will have AI - it already does. The question is whether one of the world's largest AI markets will run on American platforms.— Jensen Huang, CEO of Nvidia, stated during a conference call with analysts regarding the importance of American platforms in the global AI market.

Once again, the Trump administration blatantly proves their disregard for the lives of those truly in need of protection by taking away their status and rendering them undocumented. We have already seen the traumatic impact on children and families afraid to even go to school, church or work.

— Guerline Jozef, executive director of Haitian Bridge Alliance, expressed dismay at Friday's decision.