A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
President Trump picked right up where he left off during his first term, badgering a favorite nemesis—the Federal Reserve and its chair, Jerome Powell ... autonomy. Michael Barr, the Fed ...
For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in ...
Two days after the election, Federal Reserve Chair Jerome H. Powell was asked directly ... the Fed’s vice chair for bank supervision, Michael Barr, from his post. For months, Barr insisted ...
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
The revelations come after Michael Barr announced Monday that ... up a short-list of potential replacements for Chair Jerome Powell, whose term as chair ends in May 2026, and are closely watching ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate ...
Trump, who frequently criticized Powell and the Fed during his first term, again is testing those limits, saying last week ...