Amid rising scrutiny, Fed Chairman Jerome Powell's focus on the dual mandate raises questions about the often-overlooked third mandate: long-term interest rates. Experts warn its omission could jeopardize economic stability.
In a high-stakes legal battle, Federal Reserve Governor Lisa Cook is challenging the Trump administration's attempt to remove her from the board. As the Fed prepares for its next interest rate decision, the implications of this case could have lasting effects on the economy.
In a significant ruling, a federal judge has blocked President Trump's attempt to fire Federal Reserve Governor Lisa Cook, citing violations of the Federal Reserve Act and concerns over political interference in the central bank's operations.
A new government report reveals that the U.S. labor market was significantly weaker than previously reported, raising concerns about economic stability and sparking debates among analysts.
In a surprising move, Prime Minister Shigeru Ishiba has resigned, leaving Japan in a state of political and economic uncertainty. As the country grapples with rising living costs and recent election losses, potential successors like Sanae Takaichi and Shinjiro Koizumi emerge amidst calls for stability.
Christine Lagarde, head of the ECB, warns that undermining the Federal Reserve's independence by President Trump could lead to severe global economic consequences. Discover the implications and ongoing tensions!
In a pivotal court hearing, a federal judge reviewed the legality of President Trump's attempt to remove Federal Reserve Governor Lisa Cook over alleged mortgage misrepresentations. The outcome could redefine presidential power over the Fed.
Tensions between the US and India have escalated dramatically, with a 50% tariff on Indian goods leading to fears of economic collapse. Experts warn this could threaten Modi's leadership and regional stability.
A top Federal Reserve official advocates for interest rate cuts after a disappointing jobs report, raising concerns about inflation and economic stability. Will the Fed act to boost the economy?
As President Trump intensifies pressure on the Federal Reserve to cut interest rates, the central bank is expected to hold its ground, citing strong economic indicators despite rising inflation fears linked to tariffs.