Ninety-year-old precedent known as Humphrey’s Executor is crucial guardrail protecting US central bank’s independence
US president lashes out at head of central bank, saying his ‘termination cannot come fast enough’
US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’
Donald Trump’s trade war has put the Federal Reserve in an awkward spot
The Fed Chair says he plans to serve out his term
That is a problem for the Fed; plus a homily on the meaning of dovishness
US central bank risks relying too much on backward-looking data, economists warn
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appear
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall Street
Stanley Druckenmiller has spent years quietly running his family office. Now one protégé is Treasury secretary and another is vying for Fed chair
Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates
Also in today’s newsletter, the White House’s U-turn on freezing federal funding
US president had called on the central bank to sharply reduce borrowing costs
Economists warn that political meddling in monetary policy ‘can often go very badly’
US central bank widely expected to hold borrowing costs steady at meeting next week
The Fed chair’s apparent cooling on further interest rate cuts has gone down badly with markets
US central bank chief says his institution has ‘broad support’ on Capitol Hill
Central bank chair warns path to a reduction in inflation will be ‘bumpy’
Any effort by president-elect to interfere in interest rate policy could destabilise markets
S&P 500 breaks through 6,000 for first time
Jay Powell sets some limits
US central bank chair expresses ‘growing confidence’ of soft landing for economy
Investors have no choice but to guess at the neutral rate
US central bank’s decision marks milestone in two-year fight against inflation
