https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Donald Trump’s claim on Thursday that he has the right to fire Federal Reserve chair Jay Powell has thrust a precedent that has protected independent government agencies for the past nine decades into the spotlight. The president on Thursday attacked Powell, saying “he’s always too late, a little slow. And I’m not happy … Read more
https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve may need to cut interest rates sharply to prop up the US economy if Donald Trump follows through on his threat to resume big “reciprocal” tariffs, a top official at … Read more
https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve “would absolutely be prepared” to deploy its firepower to stabilise financial markets should conditions become disorderly, according to one of the central bank’s top officials. Susan Collins, head of the … Read more