
Trump tightens his grip on the Fed by removing Biden-appointed governor
Economist Lisa Cook, accused of lying on a mortgage application, refuses to step down and argues that the White House has no legal grounds to fire her

Economist Lisa Cook, accused of lying on a mortgage application, refuses to step down and argues that the White House has no legal grounds to fire her

With his replacement, and that of the Fed governor whose resignation paves the way for Powell’s succession, the US president could consolidate his economic agenda for the remainder of his term

The Republican president’s fixation on getting rid of Jerome Powell early and drastically lowering interest rates is putting the US economy at risk

Economists viewed this data as the first clear sign that Washington’s trade war is starting to affect consumer prices

The US central bank extends the pause as the Republican calls its chair, Jerome Powell, ‘stupid’

Consumer prices increased 2.4% in May compared with a year earlier. The data point is better than expected, but does not suggest immediate interest rate cuts
Employment data was better than anticipated, and the central bank is expected to hold off on making a move despite the tariff storm

Gross domestic product shrank at an 0.3% annual rate due to the trade war and the distrust and uncertainty generated by the president

The US president derided migrants and joked about his opponents at an event outside Detroit that had all the ingredients of a campaign rally

Pressure from markets and businesses is forcing the US president to back down on issues such as tariffs and his desire to fire the head of the Federal Reserve

The international organization notably scaled down its prediction for US growth and warned that ‘we are entering a new era’

The IMF revises global economic forecasts downwards due to Trump’s trade war while the ECB cuts interest rates for the sixth time

Although the president lacks the legal authority to remove Jerome Powell, he continues to exert pressure on the Fed chair to lower interest rates

Forecasts from major international organizations warn of the impact of the US president’s economic policies on the exchange of goods

The US president will symbolically declare a trade war on his partners this Wednesday with what he inaccurately calls reciprocal tariffs

Uncertainty about the tariffs to be applied and possible retaliation from its trading partners is already having an impact on the economy

The impact of Trump’s policies, particularly in trade, loomed over a news conference where Chairman Jerome Powell used terms that he had been avoiding in recent times

The world’s largest economy has seen 48 consecutive months of job creation, leaving the unemployment rate at 4.1%

The outgoing president defended his legacy in a speech at the Brookings Institution and questioned measures proposed by his successor, including tariffs and tax cuts

The U.S. central bank sticks to the script and cuts interest rates by 0.25 percentage points

The 0.2% rise in prices from August to September was higher than analyst expectations, but it reinforces the idea that the Federal Reserve will not continue to cut rates aggressively

The unemployment rate drops to 4.1% after 254,000 jobs were created last month. The figures reflect an economy in good shape with a month to go to the election
Powell signals a half-a-point reduction to the key benchmark rate, not out of fear of a recession but as part of his soft landing strategy

Investors had been divided on whether the first cut of the new cycle would be aggressive or moderate

The data point paves the way for the interest rate cut that the Federal Reserve is expected to approve next week

Employment creation in August was weaker than expected, according to the latest report from the Bureau of Labor Statistics, which could lead to the Fed slashing rates by half a point instead of a quarter point

Jackson Hole meeting confirms that central banks’ concerns have shifted from prices to employment and economic activity in search of an elusive soft landing