Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
https://www.nytimes.com/2025/07/18/business/trump-fed-interest-rates-powell.html
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
https://www.nytimes.com/2025/07/18/business/trump-fed-interest-rates-powell.html
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
The ‘Fed Mahal’ Is an Act of Central-Bank Self-Sabotage
https://www.wsj.com/opinion/the-fed-mahal-is-an-act-of-central-bank-self-sabotage-powell-trump-143e945f
Any bureaucracy will build itself a palace if given the chance. This one is a threat to its independence.
The Global Risks That Come with the Loss of an Independent Fed
https://www.wsj.com/economy/central-banking/federal-reserve-independence-financial-markets-df8fdebc
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
https://www.wsj.com/economy/central-banking/federal-reserve-independence-financial-markets-df8fdebc
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
Trump Wants Lower Rates. Firing Powell Could Push Them Higher.
https://www.nytimes.com/2025/07/17/business/trump-powell-federal-reserve-higher-rates.html
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.
Why Political Pressure on Central Banks Is So Toxic for Investors
https://www.wsj.com/economy/central-banking/trump-central-bank-political-pressure-powell-investors-9798c6a8
Politicians often want lower rates; central banks seek stable prices.