Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies
Trump, who frequently criticized Powell and the Fed during his first term, again is testing those limits, saying last week that he'll "demand" immediate interest-rate cuts
Federal Reserve Chair Jerome Powell reaffirmed the central banks independence on Wednesday, emphasizing that politics will not influence interest rate decisions or the Feds recent withdrawal from a global
President Donald Trump assailed the Federal Reserve’s approach to bank regulation and accused Chair Jay Powell of fumbling the fight against inflation, while refraining from directly commenting on interest rates.
Donald Trump’s return to the White House is overshadowing the Fed’s meeting this week, with policymakers expected to pause changes to interest rates for now.
G et your $TRUMP now,” came the message from America’s president-elect three days before his inauguration. The commander-in-chief’s meme cryptocurrency, the aggregate val
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Senator Elizabeth Warren has slammed the Federal Reserve for allowing U.S. banks to break rules designed to prevent another financial crisis and avoid huge taxpayer bailouts.