
US Fed Independence Under Spotlight as White House Flexes Influence
White House influence on the US Fed sparks debate over central bank independence and global market ripples.
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White House influence on the US Fed sparks debate over central bank independence and global market ripples.
President Trump’s firing of Fed Governor Lisa Cook spooked U.S. and Asian markets, underscoring how DC power plays can ripple into loan rates and your wallet.
At Jackson Hole, the Fed vows to keep interest rates high as US tariffs push up prices and shake global markets.