We can look to Hungary for an example of what happens when a central bank’s role becomes more political than economic. Trump wants to remove Cook, reshape the Fed to lower borrowing costs, and ...

Who should control America’s money supply: the experts, or elected representatives of the people? President Donald Trump has ...

President Trump is continuing his push for more control of the Federal Reserve. The Planet Money team looked into what has happened globally when central banks face political pressure.

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Scott Bessent’s call for the Federal Reserve to “re-establish its credibility as an independent institution focused solely on its statutory mandate of maximum employment, stable prices and moderate ...

Markets want central banks to ride to the rescue with lower interest rates as economic growth sputters. A disappointment looms. tastylive's Head of Global Macro Ilya Spivak previews policy ...

Powell urges against aggressive government cuts to collection of economic data Data cutbacks could degrade key economic surveys, Powell warns Concerns rise over data integrity amid government cutbacks ...

The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” the central bank ...

Gold has surged to unprecedented levels in early September 2025, breaching $3,500 per ounce and gaining 37% year-to-date, as investors respond to economic risks, central bank moves and a growing ...

President Donald Trump on Aug. 25 announced he was firing Federal Reserve governor Lisa Cook, an unprecedented move that brings the president one step closer to shaping the balance of the Fed's ...