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

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 have a say on it.

The Baltimore Sun · 6h

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

The Wall Street Journal on MSN · 12h

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

European Central Bank cuts interest rates

Reuters on MSN · 1d

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's decision earlier in the day to cut euro zone rates.

Associated Press News on MSN · 1d

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

Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it confronts stubborn inflation and financial turbulence following the arrest of Istanbul’s mayor and aftershocks of global tariffs.

CNN on MSN · 1d

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.

1don MSN

Turkish central bank surprises with rate hike to 46% after market turmoil

Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an ...

Tuko News on MSN10d

Central Bank of Kenya Cuts Base Lending Rate to 10%, Signals Cheaper Loans for Borrowers

The Central Bank of Kenya has reduced its base lending rate to 10% from 10.75% signalling potential relief for borrowers ...

The Joplin Globe1d

Trump gripes about interest rates and says Fed Chair Powell’s 'termination cannot come fast enough'

President Donald Trump has slammed Federal Reserve Chair Jerome Powell, reiterating his frustration the Fed has not ...

2don MSN

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

Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty ...

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 ...

Tuko News on MSN4d

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 ...

1don MSN

Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money

Anna Paulson, a career economist at the Federal Reserve’s Chicago bank, will take over as president of the Federal Reserve Bank of Philadelphia, the bank said Thursday morning. An insurance scholar, ...

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