U.S. President Donald Trump's attacks on the Federal Reserve have broken one set of precedents, his talk of stacking the central bank with political allies has strained another, and his on-again, off-again tariff threats have made the economic outlook harder than ever to predict. While ...
Trump signals frustration with Fed's independence, while Xi 'can do whatever he wants'
President Donald Trump complained Monday that President Xi Jinping enjoys a major advantage in the U.S.-China trade war in that he controls China's central bank while Trump must deal with a Federal Reserve that is "very destructive to us." Trump made clear in an interview ...
World's central banks poised to act as global economic warnings flash
Central banks are resuming their first-responder role as the world economy runs into trouble, even as they lack the firepower they once had at their disposal. With Australia cutting interest rates Tuesday for the first time in three years and India likely to follow Thursday, ...
Trump's 0-for-4 streak of Fed choices raises concern about vetting process
U.S. President Donald Trump has named four people for two seats on the Federal Reserve's board of governors. None of them have made it through the Senate, raising doubts about the president's central bank acumen and the White House's vetting process for nominees. Conservative economic ...
President Donald Trump slammed the Federal Reserve on Tuesday for "incessantly" raising interest rates and said cutting rates by a full point would make the economy surge. In a Twitter outburst on the first day of a two-day central bank meeting to decide the course ...
Trump's Fed pick Stephen Moore draws fire from Democrats over sexist remarks; Republicans silent
Stephen Moore, the economic commentator that U.S. President Donald Trump has said he will nominate to the Federal Reserve Board, is drawing new fire from top Democrats for his comments denigrating, among other targets, women and the Midwest. But Republicans, whose 53 to 47 majority ...
Herman Cain, facing resistance from his own political party, has withdrawn from consideration for a seat on the Federal Reserve Board, U.S. President Donald Trump said on Monday. Four Republican U.S. senators in recent weeks voiced opposition to Trump's expected nomination of Cain, likely enough ...
Half of economists now expect Bank of Japan's next move to be more easing
About half of economists now expect the Bank of Japan's next policy move to be monetary easing, including three who see it coming this week, according to a Bloomberg survey. The other 45 of 48 economists surveyed said they expect the BOJ to leave its ...
Trump, despite solid U.S. growth, says Fed should fire up crisis-era stimulus
President Donald Trump said on Sunday that actions by the U.S. Federal Reserve have nicked U.S. economic growth and stock market gains by perhaps 30 percent, and that it should begin pumping money into the economy as it did during the 2007-2009 recession. Trump's latest ...
Trump picks Herman Cain and Stephen Moore for Fed seats said to be on track
Top White House officials on Sunday defended President Donald Trump's plan to name two political loyalists to the Federal Reserve board of governors, brushing aside controversies over their personal lives and qualifications to help run the world's most powerful central bank. White House economic adviser ...
