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Trump Wants to Upend Fed. Here’s How Central Bank Works.

Trump Wants to Upend the Fed. Here’s How the Central Bank Works.

It is unclear whether Trump might seek to remove Powell as the head of the central bank. But even doing so wouldn’t necessarily give him control of the agency that makes policy

The Baltimore Sun · 16h

Trump’s threats to fire Fed chair put central bank’s independence into question

President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position

Politico · 1d

Playbook PM: Trump’s fed up with Jerome Powell again

Trump’s call for Powell’s ousting comes after the markets tumbled in response to his comments yesterday that tariffs could spur price hikes and further weaken the economy. Trump’s post also came shortly after the European Central Bank lowered rates by a quarter point this morning,

European Central Bank, interest rates

Associated Press News on MSN · 2d

European Central Bank expected to cut rates again amid worries about Trump’s tariffs

Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make credit more affordable for business and consumers.

CNN on MSN · 2d

European Central Bank cuts interest rates as tariffs threaten the economy

The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.

The Wall Street Journal · 10d

New Zealand Cuts Rates, in One of First Central-Bank Moves During Trade War

New Zealand’s central bank has lowered interest rates, making it one of the first central banks to respond to the economic threats posed by the escalating trade war. The Reserve Bank of New Zealand on Wednesday brought its official cash rate to 3.

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to ...

Turkey's central bank surprises with 350-basis-point rate hike

Turkey’s central bank surprised markets on Thursday when it raised its key interest rate, the one-week repurchase rate, from ...

2don MSN

Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs

Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak ...

2don MSN

Fed's Hammack sees steady monetary policy as central bank seeks more data

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

2don MSN

Turkish Central Bank Hikes Rates as Political Crackdown Threatens to Thwart Price Efforts

Turkey’s central bank raised its key interest rate, reversing a previous course of reductions as political conflict threatens to stymie the bank’s efforts to tame high inflation.

Indianapolis Business Journal4d

Stock Yards Bank continues central Indiana growth with sixth branch

Louisville-based Stock Yards Bank & Trust is moving forward with plans for additional branches in the Indianapolis-area ...

2don MSN

Denmark's central bank cuts key interest rate by 25 basis points

Denmark's central bank cut its key interest rate by 25 basis points to 1.85% on Thursday, following the European Central Bank ...

Tuko News on MSN5d

Central Bank Approves Sale of National Bank of Kenya to Nigerian Lender

The state has approved the full acquisition of the National Bank of Kenya (NBK) by Nigeria’s Access Bank. The approval by ...

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