Trump, Jerome Powell and Federal Reserve System
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The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
Markets will "crash" if President Donald Trump fires Federal Reserve Chairman Jerome Powell, Sen. Elizabeth Warren, D-Mass., warned. The Senate Banking Committee's ranking member contended that Trump's relentless attacks risk undermining the independence of the Fed.
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.
The U.S. dollar fell sharply Wednesday after the White House suggested that President Donald Trump was planning to remove Federal Reserve Chairman Jerome Powell. Though the presid
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor call dangerous.
Once again, Donald Trump is dancing with the idea of trying to fire Fed Chair Jerome Powell — a move economists say would shake global markets and could unleash economic chaos. Plus, Trump directly attacks his own base over the Epstein backlash.