
US central bank under scrutiny as Donald Trump criticizes Powell; Jackson Hole braces for high-stakes speech, why Fed independence matters – Times of India
The battle over the independence of the US Federal Reserve has intensified, with President Donald Trump openly calling for the resignation of a governor, threatening to fire Chair Jerome Powell, and repeatedly pressuring the central bank to cut interest rates. The escalating confrontation has revived a long-running debate over why the Fed has historically been…