#fed-independence
#fed-independence
[ follow ]
#federal-reserve
US politics
fromenglish.elpais.com
3 weeks agoFed prepares for another rate cut amid growing pressure from Trump
White House political pressure and partisan appointments are producing an unprecedented internal division at the Federal Reserve, undermining its independence and complicating interest-rate decisions.
US politics
fromFortune
3 months agoPowell showed he's still 'firmly in control' after White House adviser Miran's first FOMC meeting, former Fed official says | Fortune
Jerome Powell secured an 11-1 FOMC vote to cut rates by 25 basis points, demonstrating strong consensus-building and authority within the Fed.
fromLondon Business News | Londonlovesbusiness.com
4 months agoDollar steadies, Fed independence concerns persist - London Business News | Londonlovesbusiness.com
President Donald Trump's attempt to dismiss Fed Governor Lisa Cook over fraud allegations has intensified concerns about the central bank's independence. Markets view the episode as part of a broader effort by Trump to increase influence over monetary policy, which could undermine confidence in the dollar. Cook's removal could pave the way for more dovish appointments, accelerating the prospect of rate cuts.
US politics
Business
fromFortune
4 months agoGlobal selloff in the markets: Investors got a look at a world where the dollar isn't a reliable reserve currency and decided they didn't like it
Political moves to remove a Fed governor and threaten China tariffs triggered global market and bond selloffs, raising fears about Fed independence and the dollar.
[ Load more ]