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Trump Wants to Upend Fed. Here’s How Central Bank Works.

Trump Wants to Upend the Fed. Here’s How the Central Bank Works.

It is unclear whether Trump might seek to remove Powell as the head of the central bank. But even doing so wouldn’t necessarily give him control of the agency that makes policy

The Baltimore Sun · 22h

Trump’s threats to fire Fed chair put central bank’s independence into question

President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position

BBC · 2d

Trump attacks Fed boss for not cutting interest rates

President Trump has attacked the head of the US Central Bank Jerome Powell for refusing to cut interest rates, saying he should be terminated from his position. We speak to economists for and against sacking the president's latest critic.

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to ...

2don MSN

European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by ...

2don MSN

Denmark's central bank cuts key interest rate by 25 basis points

Denmark's central bank cut its key interest rate by 25 basis points to 1.85% on Thursday, following the European Central Bank ...

Turkey's central bank surprises with 350-basis-point rate hike

Turkey’s central bank surprised markets on Thursday when it raised its key interest rate, the one-week repurchase rate, from ...

2don MSN

Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs

Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it ...

2don MSN

Thai economic growth to see hit from US tariffs, central bank says

Thailand's economic growth will be hit by U.S. tariffs on its exports, although the impact on activity won't be as great as ...

2don MSN

European Central Bank cuts interest rates as tariffs threaten the economy

The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.

2don MSN

European Central Bank expected to cut rates again amid worries about Trump’s tariffs

Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central ...

2don MSN

Turkish Central Bank Hikes Rates as Political Crackdown Threatens to Thwart Price Efforts

Turkey’s central bank raised its key interest rate, reversing a previous course of reductions as political conflict threatens to stymie the bank’s efforts to tame high inflation.

The Joplin Globe2d

Trump gripes about interest rates and says Fed Chair Powell’s 'termination cannot come fast enough'

President Donald Trump has slammed Federal Reserve Chair Jerome Powell, reiterating his frustration the Fed has not ...

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