What if Trump picks an inflation nutter for Fed chair?
With US checks and balances on the retreat, it is unwise to be an optimist
With US checks and balances on the retreat, it is unwise to be an optimist

President’s moves could erode central bank’s credibility and push up long-term inflation and rates, economists say

Caution should continue to be the watchword in Jackson Hole until the impact of Trump’s policies are better understood

The central bank does not work properly if a president can bend it to his will

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

Currency has weakened more than 10 per cent this year as concerns grow about US economy

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