Federal court hears argument against US president’s firing of central bank governor

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

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

Governor Lisa Cook has vowed to challenge her dismissal in a case that is likely to end up at the Supreme Court

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

US president attempted to sack the central bank governor as he intensified his attack on the institution

Federal court hears argument against US president’s firing of central bank governor

Judges uphold ruling that the president exceeded his authority