Wall Street JournalFed's Powell Says Central Banks Can't Take Independence for GrantedWall Street JournalAn erosion of public trust in institutions could threaten the independence of central banks and requires greater transparency and accountability from policy makers following the 2008 financial crisis, Fed Chairman Jerome Powell said Friday. Mr. Powell ...and more »

BING NEWS:
  • Trump and allies draw up plan to erode Fed’s independence, WSJ reports
    According to a new Wall Street Journal report, Trump and his allies have drafted plans to limit the Federal Reserve’s independence and align the central bank with the administration's interests if the ...
    04/27/2024 - 7:20 am | View Link
  • Trump Allies' Plan Would Weaken Fed's Independence
    Under the proposal, Fed Chair Jerome Powell could be removed before his term ends in 2026 and the central bank would have to consult Trump on interest rate moves.
    04/26/2024 - 4:50 am | View Link
  • Trump allies drafting plans to erode Fed's independence, WSJ reports
    The allies of Republican presidential candidate Donald Trump are drafting proposals that would attempt to erode the Federal Reserve's independence if he wins, the Wall Street Journal reported on ...
    04/26/2024 - 2:34 am | View Link
  • Secretive Trump Allies Plan To Curtail Federal Reserve's Independence: Report
    Senior advisers to Trump, Susie Wiles and Chris LaCivita, have warned that unless a message is directly from Trump or an authorized member of his campaign team, no aspect of future presidential ...
    04/25/2024 - 4:06 pm | View Link
  • Powell's 'restrictive' emphasis maximizes Fed flexibility
    Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most senior policymakers that U.S. monetary policy could stay "restrictive" rather than "higher" for ...
    04/21/2024 - 7:00 pm | View Link
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