News

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
US Fed Governor To Resign Early At Critical Time For Central Bank
US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates.
Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler
President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.
Federal Reserve governor steps down, giving Trump slot to fill
President Trump has stepped up his criticism of the Fed since chair Jerome Powell said that the central bank would keep its short-term interest rate unchanged.
Trump again pushes for Fed chair to resign after governor steps down
Too Late’ Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also!” said President Donald Trump in a Friday evening Truth Social post.
Trump calls Powell a 'stubborn moron' and urges Fed board to seize control of central bank
President Donald Trump expressed more ire with Fed Chair Jerome Powell on Friday and called for the Federal Reserve's board to seize control of the U.S. central bank after Powell didn't cut short-term interest rates.
Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell
It’s very disruptive if you fire, so I would say most likely, yeah,” Trump responded when asked by Finnerty if Powell would stay in the role. The president also repeated hi
Trump urges Fed board to ‘assume control’ if rates not cut
President Trump called on the Federal Reserve board to 'assume control' if Chair Jerome Powell does not lower interest rates, escalating his ongoing feud with the central bank’s head.
Trump slams Powell as 'moron' and calls for Fed's board to take control of policy moves
President Donald Trump attacked Federal Reserve Chair Jerome Powell on Truth Social, urging the Fed's Board to assume control if Powell refuses demanding immediate interest rate cuts.
Trump says Powell is a 'moron' and calls for the board to 'assume control' of the Fed, soon after it kept rates steady again
Trump escalated pressure on Fed Chair Jerome Powell in a Truth Social post on Friday, urging the Fed's board to intervene and slash interest rates.
Big central bank rate cuts slow, tariffs and politics in focus
The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the U.S. Federal ...
Central bank dissent just became the next thing to worry about
Was the Federal Reserve’s rare split decision a trivial moment or something more sinister? One thing is certain – we’re in a ...
Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval
The European Central Bank is leaving interest rates unchanged as it waits to see the impact of U.S. President Donald Trump’s ...
South Africa's finance minister and central bank governor at odds over inflation target
The South African central bank's decision to lower its inflation target on Thursday without the sign-off of the finance ...
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RBI MPC August 2025: Will The Central Bank Announce A Festive Rate Cut Ahead Of Diwali?
The report argues that an August rate cut would “bring an early Diwali” by stimulating credit growth ahead of the festive ...
Pakistan’s Central Bank Completes Design of New Currency Notes
Pakistan’s central bank has completed the design of new currency notes that will have improved security features.
China's central bank sets up new financial stability committee
China's central bank has set up a macroprudential and financial stability committee to help defuse financial risks, it said ...
Central bank independence may already be in the final inning
A new era of "fiscal dominance" over central banks seen as lucky or woke may already be upon us, according to T.S. Lombard ...
Bank Indonesia Intervenes as Rupiah Hits Weakest in One Month
The Indonesian central bank intervened in foreign-exchange markets to stabilize the rupiah after the Federal Reserve’s ...
Indian rupee slumps on Trump tariff jolt, central bank likely cushions fall
The Indian rupee fell to an over five-month low on Thursday, hurt by U.S. President Donald Trump's threat of a 25% tariff on ...