Chelsey Dulaney

London

Markets Reporter at The Wall Street Journal

WSJ markets reporter. Previously @DWnews, @FulbrightPrgrm in Berlin

Articles

欧洲央行降息以应对特朗普关税带来的威胁

6 days ago | cn.wsj.com | Chelsey Dulaney

欧洲央行(ECB)下调利率以抵消关税带来的经济冲击，这引起了美国总统唐纳德·特朗普(Donald Trump)的注意，他敦促美联储也采取同样的行动。欧洲央行周四将关键利率从2.5%下调至2.25%，这是其八次会议中的第七次降息，使借款成本降至自2023年初以来的最低水平。该央行称当前形势存在“异常的不确定性”，这可能会在未来拖累经济。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
ECB Cuts Interest Rates to Counter Threat From Trump Tariffs

1 week ago | wsj.com | Chelsey Dulaney

$13.75/Week $1.75/Week Includes digital access to The Wall Street Journal, MarketWatch, Barron's and Investor’s Business Daily
ECB Cuts Interest Rates to Counter Threat From Trump Tariffs

1 week ago | wsj.com | Chelsey Dulaney

FRANKFURT—The European Central Bank cut interest rates to offset the economic blow of tariffs, a move that drew the attention of President Trump, who earlier urged the Federal Reserve to follow suit. The ECB on Thursday lowered its key interest rate to 2.25% from 2.5%, its seventh cut in eight meetings, taking borrowing costs to their lowest level since early 2023. The central bank said the policies have created “exceptional uncertainty,” which is likely to weigh on the economy going forward.
美元走软对全球经济意味着什么？

1 week ago | cn.wsj.com | Chelsey Dulaney

美元的意外走软突然成为世界其他地区面临的一大问题。对于销售汽车、干邑白兰地和苏格兰花呢等各种商品的外国经销商来说，美元大幅下跌带来了双重打击，加剧了美国总统唐纳德·特朗普(Donald Trump)进口关税造成的损失。对于全球各地的央行来说，本币的快速升值加大了要求它们以更大步伐降息的压力。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Dollar Is Off to Worst Start Since 1995

1 week ago | wsj.com | Chelsey Dulaney |Alistair MacDonald

The U.S. currency resumed its rapid weakening on Wednesday, hitting fresh lows against the euro, the British pound, the Japanese yen and the Swiss franc. The dollar decline has been historic, with the ICE U.S. Dollar Index, a measure of the dollar against a basket of currencies, slipping 8% this year, its worst start to a year since 1995. For foreign sellers of all manner of goods, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. Dig deeper:
What the Weak Dollar Means for the Global Economy

1 week ago | wsj.com | Chelsey Dulaney |Alistair MacDonald

The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem. For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.
What the Weak Dollar Means for the Global Economy

1 week ago | wsj.com | Chelsey Dulaney |Alistair MacDonald

The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem. For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.
What the Weak Dollar Means for the Global Economy

1 week ago | wsj.com | Chelsey Dulaney |Alistair MacDonald

The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem. For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.
Negative Rates Are Back. In Switzerland, Anyway.

1 week ago | wsj.com | Chelsey Dulaney

The market upheaval caused by President Trump's trade policy has resurrected a financial-market oddity: negative-yielding debt. Yields on the Swiss government's one- and two-year bonds were on track to end the day below zero for the first time since 2022, according to Tradeweb data. Yields fall as prices rise, and investors have been pouring into Swiss assets this week in search of safety from the market turmoil. When yields turn negative, investors are essentially paying to own the bond.
Dollar Sinks, on Pace for Worst Week Since 2022

1 week ago | wsj.com | Chelsey Dulaney

The dollar is under pressure as President Trump's tariff strategy erodes global investors' confidence in American assets. The currency has fallen about 2.5% this week against a basket of peers, on track for its worst week since November 2022. China's decision to raise tariffs on U.S. goods to 125% on Friday sparked a new wave of selling. "The question of a potential dollar confidence crisis has now been definitively answered—we are experiencing one in full force," wrote ING's Francesco Pesole.