As of June 30, analysts projected S&P 500 earnings to grow 4.9% year over year in the second quarter, according to FactSet. That estimate was revised up to 5.6% as of July 18. Even so, if earnings ...

Federal Reserve Bank of Richmond former president Jeffrey Lacker says the US Federal Reserve being independent from government is “exceptionally important”.

Finance chiefs from the Group of 20 (G20) countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day ...

Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.

In their first communique since last October, a month before US President Donald Trump's election victory paved the way for his subsequent tariff war, the ministers and central bankers highlighted the ...

Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...

Federal Reserve Governor Chris Waller is open to leading the central bank if President Trump requests. Waller advocates a ...

I go over the arguments for and against central bank independence, survey important works of scholarship on the topic, and consider the legal and constitutional standing of the Fed.

Opinion: Federal Reserve Bank’s independence must be maintained Jerome Powell, chair of the Federal Reserve, attends a Senate hearing Feb. 11, 2025, in Washington. (Haiyun Jiang/The New York Times) ...

The Federal Reserve (Fed) is tasked with maximizing employment, stabilizing prices, and moderating long-term interest rates. The Fed was designed to be independent of political influence to focus ...

Amid mounting risks to the U.S. economy, President Donald Trump last week renewed his criticism of Federal Reserve policy and of Fed Chair Jerome Powell.