Trump's heavy hand tightens grip on U.S. economy The Trump administration's economic interventions go far beyond typical electioneering. Axios · Jan 14
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 Guardian - UK · Jan 14
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 Conversation · Jan 14
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 The Guardian - AU · Jan 14
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. AAP · Jan 14
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 · Jan 14
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 The Guardian - US · Jan 13
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. International Business Times UK · Jan 13
Trump uses affordability speech to air grievances and empty boasts – but offers little to bring down prices Address to Detroit Economic Club includes few concrete proposals to address cost-of-living concerns The Independent UK · Jan 13
Wall Street executives warn Trump: Stop attacking the Fed and credit card industry Wall Street's relationship with the Trump administration is souring The Independent UK · Jan 13
Mike Johnson Warns Trump's Credit Card Plan Isn't 'Thought Through' Enough House Speaker Mike Johnson expressed his doubts about the Trump administration's plan to cap credit card interest rates to 10% for a year. International Business Times · Jan 13
Why the $38 trillion national debt doomed Fed independence regardless of the Trump/Powell drama, top economist says “The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist and blogger extraordinaire. Fortune · Jan 13
The Guardian view on Trump’s assault on the Fed: it is part of an affordability blame game Editorial: Attacking Jerome Powell distracts from Republicans’ thin legislative record and policies that continue to squeeze American household incomes The Guardian - UK · Jan 13
East coast could soon get rolling blackouts during summer because data centers have pushed electric grid to the limit PJM, which services nearly 70 million Americans, could be forced to trigger blackouts during periods of high demand The Independent UK · Jan 13
The Independent UK · Jan 13 Jeanine Pirro tries to soften her investigation into fed chair Jerome Powell District of Columbia U.S. Attorney Jeanine Pirro says subpoenas to the Fed were needed because the central bank ignored a previous request for information
Reason · Jan 13 The 6 Ways Trump Tried To Control the Economy Last Week From defense contracting and mortgage finance to credit, housing, and monetary policy, Trump is leaning heavily on command-and-control economics.
The Conversation · Jan 13 Trump’s attacks on the Federal Reserve risk fuelling US inflation and ending dollar dominance US president Donald Trump’s attacks on the chairman of the Federal Reserve, Jerome Powell, are yet another signal of a new era of economic policymaking and governance.
The Guardian - US · Jan 13 JP Morgan boss says Trump attacks on Federal Reserve could push up inflation Jamie Dimon says pressure on chair Jerome Powell could ultimately increase interest rates
GOBankingRates · Jan 13 What Trump’s Dispute with the Federal Reserve Means for Interest Rates (and You) Trump’s dispute with the Federal Reserve could impact interest rates and your finances. Learn what’s driving the clash and what it means for you.
Roll Call · Jan 13 Trump defiant on economy in Michigan remarks amid growing voter angst President Trump used a visit to Michigan to declare that an "economic boon" was underway as voter concerns about high prices grow.
Axios · Jan 13 Fed chair Powell's investigation pushback is working Several Congressional Republicans said that whatever disagreements they may have with Federal Reserve chair Jerome Powell, he isn't a crook.
The Independent UK · Jan 13 House Speaker Mike Johnson dodges as Trump DOJ targets the Federal Reserve chairman Jerome Powell Mike Johnson says ‘all of us need to reserve judgment’ on the investigation into Federal Reserve Chair Jerome Powell
The Guardian - US · Jan 13 Jon Stewart on the Minneapolis ICE shooting: ‘We are in a confusing, dark place’ Late-night hosts discussed national outrage over the killing of Renee Nicole Good as the Trump administration ramps up ICE operations in Minneapolis
The Guardian - UK · Jan 13 First Thing: Family of Renee Good urges ‘empathy’ in call for justice US woman killed by ICE agent called ‘extraordinary mother’. Plus, Trump says countries trading with Iran face 25% tariff
Axios · Jan 13 The world's most powerful central bankers are rallying behind Jerome Powell It's a rare and significant global show of force backing the Fed chair.