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Fed, Trump and central bank
Top Federal Reserve official defends central bank’s independence in wake of Trump win
WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, just days after former President Donald Trump, an outspoken Fed critic, won re-election.
Federal Reserve official says Central Bank is not influenced by politics
Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler noted that the Fed operates separately from political forces to make decisions based solely on economic conditions.
Fed Official Defends Independence as Trump Eyes Central Bank Authority
Donald Trump's return to office brings renewed questions on whether his administration could seek to curtail the Fed's autonomy.
Fed Gov. Kugler Defends Central Bank Independence
The Fed governor says keeping monetary policy decisions free from political influence improves inflation outcomes.
22h
on MSN
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
1h
New Mauritius Central Bank Chief Looks to Stem Rupee’s Slide
Mauritius’ new central bank Governor Rama Sithanen says his first priorities are combating the slide of the rupee and fixing ...
1d
BoE's Mann says central bank should keep rates on hold given global risks
Bank of England policymaker Catherine Mann said the central bank should keep interest rates on hold until upside risks to ...
Hosted on MSN
2d
Zambia Central Bank Raises Key Lending Rate to 14% from 13.5%
KAMPALA Uganda—Zambia’s
central
bank
raised its key lending rate by 50 basis points to tame runaway inflation in Africa’s ...
21h
Norway Can Wait With Digital Central Bank Money, Committee Says
An expert committee advising Norwegian politicians signaled there’s no rush to adopt a digital currency issued by the central ...
2d
Taiwan central bank chief doubts Trump administration will penalise Taiwan
The head of Taiwan's central bank said on Thursday that he doubted that U.S. President-elect Donald Trump's new ...
5d
Sri Lanka bill with president's image is not legal tender: central bank
The Central Bank of Sri Lanka, which has sole authority to print currency in the island nation, told AFP it had not released ...
Voice of America
12d
Central bank independence challenged in many countries, Thai bank governor says
The independence of
central
banks is being challenged and they have come under more pressure lately than at any time in the past decade, the
Bank
of Thailand chief said, according to a speech ...
Newsday
8d
Czech central bank cuts key interest rate to 4% as inflation stays low
PRAGUE — The Czech Republic’s
central
bank
on Thursday cut its key interest rate for the eighth time in a row as ...
1d
on MSN
Brazil's outgoing central bank chief says there is urgency to announce spending cuts
The Brazilian government must cut spending "to the bone" and there is an urgency to announce a much anticipated fiscal ...
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Related topics
Fed
Trump
interest rates
Jerome H. Powell
Adriana Kugler
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