Trump administration renews push to fire Fed governor Lisa Cook ahead of key vote
The Trump administration renewed its request Sunday for a federal appeals court to let him fire Lisa Cook from the Federal Reserve’s Board of Governors,…
Fed independence ‘hangs by a thread.’ What that might mean
WASHINGTON — President Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as…
Contributor: Trump’s Fed battle is not like his other political tussles
President Trump is once again floating the idea of firing Federal Reserve Chair Jerome Powell, ostensibly in objection to excessively high interest rates. But this…
Powell defends Federal Reserve in speech amid onslaught of attacks from Trump
WASHINGTON — Federal Reserve Chair Jerome Powell defended the central bank’s response to the COVID-19 pandemic Sunday in a Princeton University commencement speech in which he also…
Hoping to beat inflation, Fed moves to raise rates in March
WASHINGTON — After downplaying the threat of inflation through most of last year, the Federal Reserve struck a more hawkish tone Wednesday as it signaled readiness to…
European Central Bank delivers final rate cut of the year
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and…
ECB set to trim interest rates again: What’s next and why it matters
The ECB is set to cut rates by 25 basis points to 3%, with further easing expected into 2025. Lower rates may provide a much-needed…
Fed cuts rates again as Trump’s victory makes future murky
The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high…