Donald Trump raises fears about political interference after report says he is considering replacing Fed chief Jerome Powell by October

Brent crude below $69 a barrel — down from $77 a barrel on Monday

Donald Trump raises fears about political interference after report says he is considering replacing Fed chief Jerome Powell by October

Donald Trump raises fears about political interference after report says he is considering replacing Fed chief Jerome Powell by October

US president to name Jerome Powell’s successor early in bid to create a ‘shadow’ Fed chief

US president has clashed with incumbent Jerome Powell, whose term is due to run for 11 more months

A report that the US President could name the new head of the central bank early raises concerns over its independence.