Trump risks market revolt if he threatens Federal Reserve independence, Pimco says
Warning from $2.1tn fund manager comes as US president publicly quarrels with central bank chief Jay Powell
Warning from $2.1tn fund manager comes as US president publicly quarrels with central bank chief Jay Powell

Current and former officials view the US president’s widening assault on the central bank with alarm

The president’s intensifying assault on central bank independence risks backfiring

US president insists Justice Department will not drop criminal probe into central bank chair

History teaches us that chaos follows when leaders undermine the independence of central banks

A wave of new research suggests Donald Trump is taking significant risks with his assaults on the US Federal Reserve

Clash with central bank chief comes during tour of $2.5bn renovation project of institution’s headquarters