Jerome Powell, Federal Reserve and Trump
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President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor call dangerous.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
The U.S. dollar fell sharply Wednesday after the White House suggested that President Donald Trump was planning to remove Federal Reserve Chairman Jerome Powell. Though the presid
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations