News

Al Jazeera on MSN1h
Why Trump’s attacks on Jerome Powell are raising fears for the US economy
The US president’s broadsides have raised fears for the independence of the Federal Reserve. United States President Donald ...
Bessent calls for internal review of Fed and 'deeper reforms' of big bank rules
Treasury Secretary Scott Bessent on Monday took aim at both the Federal Reserve and the rules the Fed enforces as a ...
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 ...
Ben Bernanke and Janet Yellen: The Fed Must Be Independent
Mr. Bernanke and Ms. Yellen are both economists and former chairs of the Federal Reserve. As former chairs of the Federal ...
InvestmentNews1h
Deutsche Bank sees US 30-year yield jump on any Powell exit
The 30-year Treasury has tumbled in July as investors mull over US inflation, the government spending outlook and the path ...
Fed reform may move markets more than Powell ouster
Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...
As Trump attacks Powell, US Treasury’s Bessent warns Fed independence at risk from ‘mandate creep’
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its ...
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 ...
Inquirer on MSN3h
US Treasury chief calls for Fed ‘internal review’
The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
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 ...
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.