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Articles sur Jerome Powell

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Donald Trump appointed Jerome Powell as chair of the Federal Reserve. If returned to the White House, he may seek to replace him. AP Photo/Alex Brandon

Central banks face threats to their independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to have a say on it.
Fed chair Jerome Powell opted for a cautious approach on rates. Alex Wong/Getty Images

Federal Reserve bows to bank-crisis fears with quarter-point rate hike, letting up a little in its fight against inflation

The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Relationships can be tough. Reuters/Carlos Barria

Why Federal Reserve independence matters

President Trump has discussed firing Fed Chair Jerome Powell over the central bank’s interest rate policies. Research shows this kind of political meddling is usually bad for the economy.

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