News

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 ...
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Trump has already crossed Fed independence Rubicon
Whether Federal Reserve Chair Jerome Powell is fired next week, forced to resign in six months or allowed to muddle through ...
Bank CEOs Are Coming Out Fighting for Fed Independence
David Solomon, Brian Moynihan and Jane Fraser speak out, joining defenders of the U.S. central bank.
Fed independence is important to the U.S. ‘and we should preserve it’ – BofA, Goldman Sachs
Bank of America CEO stresses Federal Reserve independence as key to economic stability amid political pressures. Learn why ...
The Fed Anchors Financial Markets. What Happens If It Loses Its Independence?
Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term Treasury notes, will move into progressively higher-risk assets, where ...
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. Even if the president doesn’t remove Powell ...
Wall Street Journal5d
The Fed Holds Rates Steady. How to Maximize Your Savings and Cut Down ...
In its May Fed rate announcement, policymakers kept the benchmark the same as they wait to see how the economy responds to tariffs.