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Fed, Trump and complete independence

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 to thrust the issue of central bank independence firmly into the spotlight.

Yahoo Finance on MSN · 1d

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 keeping President Trump happy.

The Associated Press on MSN · 3d

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 year, after cutting it three times last year. Powell says the Fed wants to see how the economy responds to Trump’s sweeping tariffs on imports, which Powell says could push up inflation.

Fed, Bessent

Reuters on MSN · 6h

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

POLITICO on MSN · 7h

Bessent calls on Fed to do comprehensive review of its mission

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this year.

Bloomberg L.P. · 47m

Bessent Calls For Review of Fed’s Building Renovations

Good morning. The US Treasury secretary calls for a review of the Federal Reserve’s renovation of its headquarters. The Bank of England is said to be considering shelving plans for a digital pound. And Victoria Beckham’s fashion company is on the road to profitability.

2hon MSN

Obama-Era Economic Advisor Warns Ending Fed Independence Could Lead to 'Higher' Mortgage Rates: How High? — 'That Depends On...'

University of Michigan economist and former Obama White House advisor Betsey Stevenson issued a stark warning about the ...

Explainer-Why Trump's Push for a 1% Fed Policy Rate Could Spell Trouble for US Economy

WASHINGTON (Reuters) -U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to ...

1mon

The US economy is in a good place, but the Federal Reserve is not

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.

Bloomberg L.P.2y

Federal Reserve Can Fight Recession With Lessons from Its Past

In the 1930s and 1970s, the Fed lost its way, and the economy went off the rails. Those experiences demonstrated that without an effective central bank, the US economy suffers, sometimes ...

CNN6y

Jerome Powell takes stand for Fed independence against ‘short-term ...

Jerome Powell hailed the independence of the Fed and central banks, a signature of the financial system established more than a 100 years ago. CNN values your feedback 1.

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