"There are no more blank checks. Every investment must make economic sense," Tan wrote.
Trump has previously signaled he was considering whether to fire Powell, though it is unclear if he has the legal...
Europe's biggest carmaker posted a sharp drop in second-quarter profit, primarily due to high costs from increased U.S. import tariffs.
Uncertainty remains about if and when a trade agreement between the EU and U.S. could be struck.
This is the central bank's first step to ease monetary policy since April.
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