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In speech, president delivers triumph assessment, claiming US prices are down despite official data showing otherwiseDonald Trump claimed victory on the economy after 12 months back in office on Tuesday, declaring it to be the “greatest first year in h…
Nine governors including Bank of England’s Andrew Bailey and ECB’s Christine Lagarde say independence is criticalBusiness live – latest updatesGlobal central banks have issued an extraordinary joint statement offering “full solidarity” to the US Federa…
Senator condemned president’s bid to weaken central bank’s independence and examined Democrats’ futureFed chair investigation – live updatesDemocratic senator Elizabeth Warren said on Monday that Donald Trump’s attempts to control the Federal Reserve “…
Statement signed by 13 former senior officials condemns ‘unprecedented’ assault on Fed’s independence Every living former head of the Federal Reserve condemned an “unprecedented” attempt by the Trump administration to weaken the US central bank’s indep…
Republican senator vows to block all Fed nominations ‘until legal matter is fully resolved’Several Republican lawmakers have begun speaking out against the Trump administration’s criminal investigation into Federal Reserve chair Jerome Powell, with one…
This live blog is now closed.Minnesota sues Trump administration to end surge of ICE agents in stateTrump news at a glance: White House doubles down on threat of ‘lethal force’ against Iran amid unrestIn response to the news overnight that Donald Trump…
Fed chair accuses DoJ of threatening criminal charges over building renovation projects because central bank defied Trump’s interest rate demandsThe Department of Justice has opened a criminal investigation into Jerome Powell and the Federal Reserve, a…
Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bankInvestors expect global stock markets to keep rising in 2026, despite fears that the AI bubble could burst, and anxiety about chaos engulfing the US …
In an unusual turn, the central bank’s board debated over monetary policy before the latest quarter-point cutThe US Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the US ec…
Trump also repeated false claims about renovation costs for the Fed headquarters during a Monday press conferenceDonald Trump launched another attack against Federal Reserve chair Jerome Powell on Monday, calling the central banker a “fool” and once ag…