Fed, Trump and interest rates
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The Federal Reserve kicked off its two-day policy meeting on Tuesday. Here are three key points to keep an eye on.
Supreme Court to decide if Trump can fire Federal Reserve governor Lisa Cook, testing presidential authority over independent agencies in constitutional case.
Newton’s third law of motion loosely says that for every action there is an equal and opposite reaction. While most kept their eyes on the circus surrounding President Donald Trump’s visit to the World Economic Forum in Davos last week, I focused on reactions to him.
(Corrects paragraph 16 to say June (not July) By Andy Sullivan WASHINGTON, Jan 12 (Reuters) - Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank’s headquarters.
With Jerome Powell's term ending in May, the Trump administration faces a key decision in its selection of a new Fed chair.
Argentina, Russia, Turkey, Venezuela—and now the U.S. Why President Donald Trump wants to join these cautionary-tale economies is anyone’s guess. But that’s exactly the company the U.S. will be keeping if Trump continues to attack the Federal Reserve.