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Trump allies are drawing up plans to make the Fed less independent, report says
Business Insider via Yahoo Finance· 7 hours agoThe former president handpicked Powell to lead the US central bank in 2017, but he has since...
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
Business Insider via Yahoo News· 14 hours agoThat could include allowing the president to have a direct say on interest rate decisions. It would...
The Fed Has Enough Pressure with Inflation Still High. Politicians Don’t Help.
Barrons.com· 5 hours agoDuring his term, Trump often castigated Fed Chair Jerome Powell for keeping interest rates too high,...
PCE inflation accelerates in March. What it means for Fed rate cuts
USA TODAY via Yahoo Finance· 17 hours agoJust a few weeks ago, Fed Chair Jerome Powell said the central bank would not overreact to worrisome...
A Brief History of the Fed’s Uneasy Peace With the White House
The Wall Street Journal· 11 hours agoThe Federal Reserve was anxious. For years after the end of World War II, the central bank had...
Fed's Powell: Elevated inflation will likely delay rate cuts this year
WSB Radio· 1 week ago“If higher inflation does persist," he said, “we can...long as needed.” The Fed chair's comments...
Trump Allies Draw Up Plans to Blunt Fed’s Independence
The Wall Street Journal· 10 hours agoSince then, central bankers have fought to preserve their political autonomy. In 2017, Trump’s...
Fed’s preferred inflation gauge shows price pressures stayed elevated last month
Marshall Independent· 11 minutes agoA measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring ...
How Trump could influence the makeup of the Fed
Reuters via Yahoo Finance· 11 hours agoThe Fed board has seven members, including an overall chair, two vice chairs - one for monetary policy and one for bank oversight - and four other...
Trump’s potential plan for Fed raises alarms
The Hill via Yahoo Finance· 8 hours agoFormer President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal...