Global investors were shell-shocked after Trump struck another blow at the Federal Reserve's independence, caught between the concerns over politicisation of policy and the payoffs for markets.

Trump says he is firing Federal Reserve governor Lisa Cook, a significant escalation in his continued attack on the central bank.

The US president fired Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more control

President Donald Trump on Monday fired Federal Reserve Governor Lisa Cook as he continues to feud with her boss over lowering interest rates.

US President alleges improprieties in obtaining mortgage loans but Cook claims he can’t get rid of her and she’s staying

Rolling coverage of the latest economic and financial news

There is little precedent: no Fed governor has been dismissed for cause before

Apart from rattling financial markets, the president's announcement is likely to touch off an extensive legal battle that will probably go to the Supreme Court.

President Trump has said will fire Lisa Cook over alleged financial fraud, which could hand him more control of the Fed.

Global investors were shell-shocked after Trump struck another blow at the Federal Reserve's independence, caught between the concerns over politicisation of policy and the…

Financial markets have so far largely brushed off President Trump’s announcement that he was firing Lisa Cook from the Federal Reserve board, which she has vowed to fight. While…

Lisa Cook refuses to resign after Trump announces her dismissal from the Federal Reserve.

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.

Trump says he will sack a US central bank governor. Why doe the independence of the Fed matter?

It's more important to have a dovish Fed than an independent one, investor Jay Hatfield told Fortune.

Some hopes emerged as investors focused on the Fed’s institutional strength.

The market reaction was muted after President Trump moved to fire the Federal Reserve governor Lisa Cook. One economist likened the response to a frog in “gently heating” water.

A look at the workings of the Federal Reserve, what it does to keep the economy stable and Lisa Cook's role as governor.

What you need to know about President Donald Trump's decision to fire Federal Reserve Governor Lisa Cook.

US-Präsident Trump liefert sich eine Fehde mit der US-Notenbank Fed, weil er Zinssenkungen will. Jetzt greift er zu härteren Mitteln. An den Börsen in Europa sorgt das für…

The influential policymaker avoided commenting directly on Trump's efforts to fire Cook.