News

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
'Reduce the credibility dramatically of the central bank.' Trump attacks the Fed chair, sending a chill through the global economy
The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and ...
US stocks swing as Trump says he 'talked about the concept' of firing the Federal Reserve's chair
U.S. stocks are shaky on Wednesday after President Donald Trump said he had “talked about the concept of firing” the head of ...
Trump has wanted to fire Federal Reserve Chair Jerome Powell. A costly Fed renovation project could provide the reason.
The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump ...
Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...
Can Donald Trump fire the chair of the US Federal Reserve?
President Donald Trump has once again spooked markets by raising the prospect of prematurely replacing the chair of the Federal Reserve with someone who would more readily cut the ...
The Global Risks That Come With the Loss of an Independent Fed
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
With Trump threatening Powell, what's at stake with an independent federal reserve?
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
A well-run economy needs an independent Federal Reserve, says former reserve bank head
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...