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European Central Bank President Christine Lagarde: We will have a clearer view of the second-order effects in June.Meta Platforms (META.O) fell more than 10%, its biggest drop since October last year.White House National Economic Council Director Hassett: Its impossible to discuss whether Powell informed the White House beforehand. Disappointed with Federal Reserve Chairman Powells remarks.ECB President Christine Lagarde: The ECB has not yet seen a second wave of effects.Qualcomm (QCOM.O) rose 8% after its CEO predicted that the smartphone market would rebound after the third fiscal quarter.