News

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
Powell Addresses Fed Independence
Powell defended the importance of Federal Reserve independence, telling reporters “it should be continued and respected.” “If ...
The National Interest2d
Jerome Powell and the Myth of Federal Reserve Independence
If past history is any guide, the Federal Reserve will come around to President Trump’s wish for lower interest rates.
Why some economists think Powell should resign to save Fed independence
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central ...
Newsweek on MSN13h
Powell Insists Fed’s Independence Be 'Respected' Even When Pressured By Trump
Federal Reserve Chair Jerome Powell said during Wednesday’s press conference that Fed’s independence should continue to be "respected," even when it’s under political pressure, like President Donald ...
LAist on MSN9h
Trump keeps pressuring the Fed to cut rates. Here's why its independence matters
Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...
Powell should resign to maintain the Fed's independence: El-Erian (update)
Federal Reserve Chair Jerome Powell should resign if he wants to ensure that the Fed's operation autonomy remains protected, ...
Powell resigning is 'least costly option' to keep Fed independence: El-Arian
Allianz Chief Economic Advisor Mohamed El-Arian doubled down on comments he made Tuesday that Fed Chairman Jerome Powell ...
Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Opinion
As Trump rails against Fed Chair Powell, here’s why Federal Reserve independence is essential
The Federal Reserve, established over a century ago, has managed its dual mandate admirably, economist Mark Zandi writes, by making decisions without political consideration.
El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence
El-Erian, president of Queens’ College at Cambridge University, said he was aware that his view did not align with the Wall ...