Jerome Powell must stand up to Trump – the fate of the dollar is at stake
https://www.telegraph.co.uk/business/2025/04/18/jay-powell-no-choice-stand-up-trump-fate-dollar-at-stake/
The US needs a strong and independent central bank now more than ever.
https://www.telegraph.co.uk/business/2025/04/18/jay-powell-no-choice-stand-up-trump-fate-dollar-at-stake/
The US needs a strong and independent central bank now more than ever.
Trump Is Flirting with Economic Disaster
https://www.msn.com/en-us/money/markets/trump-is-flirting-with-economic-disaster/ar-AA1DbtuN
By threatening the independence of the Federal Reserve, the president risks undermining many of his key goals.
https://www.msn.com/en-us/money/markets/trump-is-flirting-with-economic-disaster/ar-AA1DbtuN
By threatening the independence of the Federal Reserve, the president risks undermining many of his key goals.
Trump’s latest attack is straight out of Nixon’s playbook
https://www.telegraph.co.uk/business/2025/04/19/trump-is-right-about-interest-rates-but-he-is-playing-with/
The president of the United States has undermined the Fed chair before. But it’s a dangerous ploy when America looks so fragile.
https://www.telegraph.co.uk/business/2025/04/19/trump-is-right-about-interest-rates-but-he-is-playing-with/
The president of the United States has undermined the Fed chair before. But it’s a dangerous ploy when America looks so fragile.
Trump and Powell on Collision Course Without Easy Escape
https://www.wsj.com/economy/central-banking/trump-jerome-powell-fed-chair-conflict-e1910cf0
The president wants interest rates cut, but his trade war has the Fed chair boxed in.
If You Care About Your Savings, Pay Attention to Trump’s Attack on The Fed
https://www.nytimes.com/2025/04/18/opinion/federal-reserve-powell-trump.html
https://www.wsj.com/economy/central-banking/trump-jerome-powell-fed-chair-conflict-e1910cf0
The president wants interest rates cut, but his trade war has the Fed chair boxed in.
If You Care About Your Savings, Pay Attention to Trump’s Attack on The Fed
https://www.nytimes.com/2025/04/18/opinion/federal-reserve-powell-trump.html
The untouchable central banker threatening to burst Trump’s bubble
https://www.telegraph.co.uk/business/2025/04/17/jerome-powell-untouchable-fed-chief-burst-trump-bubble/
Fed chief’s reluctance to bend to the president’s will has put a Maga target on his back.
https://www.telegraph.co.uk/business/2025/04/17/jerome-powell-untouchable-fed-chief-burst-trump-bubble/
Fed chief’s reluctance to bend to the president’s will has put a Maga target on his back.
How a Supreme Court Ruling Could Weaken Fed Independence, Shake Markets
https://www.wsj.com/economy/central-banking/how-supreme-court-ruling-could-weaken-fed-independence-shake-markets-1aea90fe
Justices are revisiting ‘Humphrey’s Executor,’ a decision barring presidents from firing certain federal officials for purely political reasons.
Jerome Powell’s Take:
https://www.federalreserve.gov/newsevents/speech/powell20250416a.htm
Looking forward, the new Administration is in the process of implementing substantial policy changes in four distinct areas: trade, immigration, fiscal policy, and regulation. Those policies are still evolving, and their effects on the economy remain highly uncertain. As we learn more, we will continue to update our assessment. The level of the tariff increases announced so far is significantly larger than anticipated. The same is likely to be true of the economic effects, which will include higher inflation and slower growth. Both survey- and market-based measures of near-term inflation expectations have moved up significantly, with survey participants pointing to tariffs. Survey measures of longer-term inflation expectations, for the most part, appear to remain well anchored; market-based breakevens continue to run close to 2 percent.
Trump Lashes Out at Powell, Says ‘Termination Cannot Come Fast Enough’
https://www.wsj.com/economy/central-banking/trump-takes-aim-at-fed-chair-powell-7a013ba8
https://www.wsj.com/economy/central-banking/how-supreme-court-ruling-could-weaken-fed-independence-shake-markets-1aea90fe
Justices are revisiting ‘Humphrey’s Executor,’ a decision barring presidents from firing certain federal officials for purely political reasons.
https://www.federalreserve.gov/newsevents/speech/powell20250416a.htm
Looking forward, the new Administration is in the process of implementing substantial policy changes in four distinct areas: trade, immigration, fiscal policy, and regulation. Those policies are still evolving, and their effects on the economy remain highly uncertain. As we learn more, we will continue to update our assessment. The level of the tariff increases announced so far is significantly larger than anticipated. The same is likely to be true of the economic effects, which will include higher inflation and slower growth. Both survey- and market-based measures of near-term inflation expectations have moved up significantly, with survey participants pointing to tariffs. Survey measures of longer-term inflation expectations, for the most part, appear to remain well anchored; market-based breakevens continue to run close to 2 percent.
Trump Lashes Out at Powell, Says ‘Termination Cannot Come Fast Enough’
https://www.wsj.com/economy/central-banking/trump-takes-aim-at-fed-chair-powell-7a013ba8