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Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central ...
US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to ...
The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.
The Reserve Bank’s surprise decision to hold rates in July shocked the market. But a new survey finds its credibility has ...
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
(Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set ...
"It's very important that we maintain our independence with respect to monetary policy," Michelle Bowman, vice chair for ...
Treasury Secretary Scott Bessent criticizes the Federal Reserve's expanding role beyond monetary policy, arguing it threatens ...
The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.
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Later today, Fed Powell will speak amid increasing pressures from the government to resign.
The 30-year Treasury has tumbled in July as investors mull over US inflation, the government spending outlook and the path ...