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INSANE: 15 - The Real Truth

Trump tariff threats are bad, but the uncertainty they instil is much worse

The spectre of rising inflation, slowing global trade and jittery markets has re-emerged as US economic policy divorces itself from any logic

The Guardian - UK

Legal experts blast Trump’s DOJ probe of Tim Walz and Jacob Frey as ‘total garbage’ while allies rally around Minnesota leaders

Former prosecutors say DOJ has ‘lost its mind’ after alleging Minnesota leaders obstructed law enforcement in recent surge

The Independent UK

Trump says he’ll sue JPMorgan Chase for allegedly cutting him off after US Capitol riot

President also denies he ever offered JPMorgan CEO Jamie Dimon the chair of the Federal Reserve

The Guardian - US

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’Absolutely, positively no chance, no way, no how, for any reason’: Dimon says he'd never run the Fed but ‘would take the call’ to lead Treasury

The JPMorgan Chase CEO said he’s not willing to give up being his own boss.

Fortune

Fox’s Larry Kudlow calls for Jeanine Pirro to drop Jerome Powell investigation: ‘I don’t think he’s a criminal’

Larry Kudlow said that ‘the District of Columbia jumped in too soon’ and ‘there’s a lot of misunderstandings here.’

The Independent UK

JPMorgan CEO Jamie Dimon Issues Direct Warning Over Trump's 'Hard Way' Fed Pressure

Jamie Dimon warns Trump that political pressure on Federal Reserve would backfire spectacularly, raising inflation and interest rates contrary to president's goals.

International Business Times UK

‘Nothing to see’: Trump’s economic adviser plays down Fed investigation

Kevin Hassett, a top contender to replace Jerome Powell, suggests he believes Powell told truth about Fed renovation

The Guardian - US

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The Latest: Middle East allies urge Trump to hold off on Iran strikes, diplomat says

According to an Arab diplomat familiar with the matter, several Middle Eastern allies have urged the Trump administration to delay strikes against Iran

The Independent UK

‘We are Jerome Powell’: Gen Z finds an unlikely meme hero in the Fed chair via AI songs and fan edits

After refusing to bend to political pressure, Fed chair Jerome Powell is now the latest heartthrob.

Fortune

Criminal probe raises key question: Will Powell leave the Fed in May?

Trump said on Tuesday that he hopes to name a new Fed chair in the next few weeks. But that could get held up by the criminal investigation of Powell.

Euronews

Populism threatens the work of international agencies, Bank of England boss says

Andrew Bailey said the ‘rise of so-called populism makes the whole task harder’ for international agencies.

Evening Standard

‘Dedollarization’ is dead: Investors discount Trump's dramas as they pile into U.S. assets

Yesterday we got some data showing that the tide may be turning against the “sell America” folks.

Fortune

Say what you will about Trump, but unlike Starmer he knows his own power – and how to use it

The right is unafraid to show its might on the world stage – meanwhile the PM is tinkering with potholes, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

Tech stocks took another beating as retail investors dump the Magnificent Seven

Traders are selling down the Mag 7 but buying most of the other stocks.

Fortune

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Fortune

Bitcoin closes in on $100,000 in surprise surge

The original cryptocurrency is soaring after ending 2025 in a slump.

The Guardian - US

Jimmy Kimmel on ICE shooting of Renee Good: ‘They’re investigating the victims instead of the perpetrator’

Late-night hosts discussed the Trump administration’s deployment of yet more ICE agents to Minneapolis

The Guardian - UK

Trump hits back at JP Morgan CEO’s defence of Federal Reserve

US president says Jamie Dimon was wrong to suggest he was undermining independence of central bank

Axios

Trump's heavy hand tightens grip on U.S. economy

The Trump administration's economic interventions go far beyond typical electioneering.

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The Guardian - UK

Falling inflation this year should smooth way for more interest rate cuts, says Bank of England policymaker - as it happened

Rolling coverage of the latest economic and financial news

The Conversation

Why the world’s central bankers had to speak up against Trump’s attacks on the Fed

Central bankers from around the world have issued a joint statement of support for US Federal Reserve Chair Jerome Powell, as he faces a criminal probe on top of mounting pressure from US President Donald Trump to resign early.

The Guardian - AU

How would a Trump takeover of the Fed affect Australia?

Central banks are given independence so they can make unpopular, inflation-beating decisions on interest rates

AAP

Trump's attack on Fed could speed up investment pivot

A United States where the central bank lacks independence to set monetary policy is a scary prospect for investors with high exposure to the US market.

The Guardian - US

Trump news at a glance: president vows to help ‘Iranian Patriots’ in latest signal of military action against Tehran

Administration issues warning to US citizens: ‘Leave Iran now’

The Guardian - US

Trump claims victory on US economy despite many Americans’ cost of living concerns

In speech, president delivers triumph assessment, claiming US prices are down despite official data showing otherwise

International Business Times UK

Fed Chair Jerome Powell Faces US Investigation as Central Banks Rally—A Warning Sign?

Fed Chair Powell faces a US criminal probe, sparking rare global central bank support and raising concerns over political pressure, economic stability, and the future of monetary independence.

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