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.
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.
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.
'TOO ANGRY, TOO STUPID': Trump bashes Fed Chair Powell after central bank leaves interest rates unchanged
President Trump escalated his criticism of Federal Reserve Chairman Jerome Powell a day after the central bank kept rates on hold, saying in a social media post that Powell is 'TOO ANGRY, TOO STUPID,
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.
Fed Governor Adriana Kugler Resigns, Giving Trump an Opening to Reshape the Fed
Federal Reserve Governor Adriana Kugler will step down August 8, handing President Donald Trump a strategic opportunity to reshape the central bank’s board as he escalates pressure on Fed Chair Jerome Powell for aggressive interest rate cuts.
Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell
President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite persistently goading him to leave his post. Trump has publicly criticized the Fed chair for months for keeping interest rates steady despite the president’s insistence that Powell lower them.
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.
Fed Governor Adriana Kugler to Step Down
Federal Reserve Board Governor Adriana Kugler is stepping down from her job effective August 8. “It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” she said.
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 ...

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 ...

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 ...

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 ...

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.

What's Next For The Bank Of Canada As It Opens The Door For Rate Cuts?

The Bank of Canada has held rates steady for three consecutive meetings, but will growth risks outweigh inflation and drive a ...

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 ...

Central Bank Gold Buying Slows After Record Rally Cools Demand

Gold buying by central banks and jewelers eased in the second quarter, as successive all-time-highs in prices led the drivers ...