Tag: Monetary Policy

Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

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Outgoing US Federal Reserve Chair Jerome Powell has strongly defended the importance of central bank independence, warning that political interference could permanently damage public trust in the institution responsible for guiding America’s monetary policy. Speaking at an award ceremony hosted by the John F. Kennedy Library Foundation, Powell said the Federal Reserve is currently facing […]

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Trump Labels BRICS as an ‘Attack’ on the US Dollar

Trump Labels BRICS as an ‘Attack’ on the US Dollar

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In a fiery statement that has once again stirred global economic debate, US President Donald Trump described the BRICS alliance as an “attack” on the US dollar, asserting that his administration’s firm tariff threats caused several countries to back out of the group’s expansion plans. The BRICS bloc — comprising Brazil, Russia, India, China, South […]

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