When the White House Puts a Gun on Monetary Policy
As the Trump administration prepared to anoint the next chair of the US Federal Reserve, it chose instead to fire a warning shot at the...
Tag: Lisa Cook
Supreme Court Puts Trump’s Fed Purge on Ice – For Now
The US Supreme Court’s refusal to let President Donald Trump immediately sack Federal Reserve governor Lisa Cook has offered the central bank a fleeting reprieve...
Powell Buys Time as Trump’s Shadow Looms Over the Fed
Jerome Powell, the beleaguered chairman of the Federal Reserve, managed to herd a divided committee into backing a quarter-point rate cut, the first of the...
The Euro Finds Its Voice as the Dollar Trips Over the Fed
The euro has scaled its highest level in four years, brushing $1.1878 on Tuesday, as traders braced for the Federal Reserve’s long-awaited rate cuts. This...
The Fed’s Cuts Debate Turns Political
The Federal Reserve is preparing to cut interest rates for the first time in nine months, caught between a weakening labour market, stubbornly sticky inflation,...
Trump’s Fed Pick Promises ‘Independence’ — While Keeping His White House Day Job
Donald Trump’s latest pick for the Federal Reserve Board, Stephen Miran, has managed the rare feat of uniting Democrats and sceptical Republicans in disbelief. At...
Trump’s War on the Fed: A Recipe for Higher Borrowing Costs
President Donald Trump’s unprecedented and ever-escalating assault on the Federal Reserve risks backfiring, saddling financial markets and the broader economy with higher long-term borrowing costs.For...
Trump Fires Fed Governor Cook, threatening FED Independence
Donald Trump has decided to sack Federal Reserve Governor Lisa Cook over allegations she falsified mortgage documents, a dramatic escalation in his long-running crusade to...
Jackson Hole: Where Hiking Meets Monetary Panic
The Federal Reserve’s annual mountain retreat is usually an excuse for central bankers and their eccentric friends to sip wine, exchange academic jargon, and perhaps...