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While short-term market moves may be less dramatic than expected, profound changes are ahead for the central bank
Get 2 months free with an annual subscription at
was
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€54.

Trump and his economic advisers want to narrow the central bank’s mission dramatically

The nominee to lead the world’s most powerful central bank wants big changes. But there’s risk of confrontation with the…

A cautious rate cut this week would maintain the US central bank’s flexibility

The implications of Trump’s choice for markets and economies

Hawkish tone from Austan Goolsbee contrasts with market expectations for reduction next month

A criminal investigation of Jay Powell is the latest in the reworking of the world’s most important financial institution