The president’s ceaseless undermining of central bank independence is deeply damaging
Copy link
The president’s ceaseless undermining of central bank independence is deeply damaging
The president’s ceaseless undermining of central bank independence is deeply damaging
Copy link

US president attacks ‘numbskull’ Jerome Powell for failing to cut rates

President calls Federal Reserve chair a ‘numbskull’ for not reducing US borrowing costs

Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs…

Fed chair pushes back on Trump criticism of renovation costs as president presses central bank to cut interest rates

The US president is pressuring Powell to lower interest rates and has threatened to fire him over the cost of renovations for the…

Kiss goodbye to economic restraint if the Bank’s independence is compromised