#central-bank-politics

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#federal-reserve-independence #trump-administration-pressure #judicial-oversight #powell-investigation
US politics
fromFortune
3 days ago

Judge quashes Fed subpoenas, saying DOJ has 'produced essentially zero evidence' against Powell, who hints at future as board governor | Fortune

A federal judge quashed Justice Department subpoenas against the Federal Reserve, ruling the investigation into Chair Powell lacked evidence and served to pressure him into lowering interest rates per Trump's demands.
US politics
fromwww.theguardian.com
5 months ago

The next big financial crisis may be brewing. Warning signs are already there | Larry Elliott

Stock valuations are extremely high despite slowing growth, rising unemployment, tariffs, and political threats to central bank independence, increasing risk of a large market correction.
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