The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.
Related Posts
Is the U.S. Riskier Than Emerging Markets?
While the U.S. stock market has rebounded, the combination of the Trump tariffs, a volatile dollar and an erratic bond market has begun to shake […]
Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.
NPR and PBS Face Federal Funding Cuts: What to Know
A proposal before the Senate to strip funding from the Corporation for Public Broadcasting could be catastrophic for local stations, particularly those in rural areas.