News

Trump's Fed attacks puncture veneer of central bank independence
If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been ...
Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Trump’s Attack on the Fed Ripples Through the Global Economy
The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...
Fed independence is important to the U.S. ‘and we should preserve it’ – BofA, Goldman Sachs
Bank of America CEO stresses Federal Reserve independence as key to economic stability amid political pressures. Learn why ...
Bank CEOs Are Coming Out Fighting for Fed Independence
Goldman Sachs Chief Executive David Solomon, Bank of America head Brian Moynihan and Citigroup’s Jane Fraser said on ...
Trump vs. Powell: How Firing the Fed Chair Could Shake the Economy
Economists interviewed by Newsweek warned that removing Powell now would roil markets, erode trust in U.S. institutions and ...
Ben Bernanke and Janet Yellen: The Fed Must Be Independent
Mr. Bernanke and Ms. Yellen are both economists and former chairs of the Federal Reserve. As former chairs of the Federal ...
Inquirer on MSN25m
US Treasury chief calls for Fed ‘internal review’
The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.
The next Fed chair's dilemma: Maintain Fed independence while pleasing Trump
It is becoming clear what the major challenge will be for Jerome Powell's successor: maintaining the Fed's independence while ...
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
WASHINGTON] US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is ...
Benzinga on MSN8h
Trump’s Threat to Fire Powell Risks Undermining Fed Independence, Destabilizing Markets
President Donald Trump’s renewed threats to remove Federal Reserve Chair Jerome Powell are intensifying legal and economic ...
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...