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Trump calls Fed officials ‘Boneheads’ as he demands zero or negative interest rates

The central bank has increasingly become a target of verbal assaults out of the White House ahead of the 2020 elections.

Fed officials are divided over whether the economy needs more rate cuts

Federal Reserve policymakers have become increasingly divided over how to weigh signs of strains on the economy against still solid growth.
Yellen holds a news conference in Washington

Janet Yellen told us Trump’s attacks on the Fed are ‘a first’ — and stressed the importance of an independent central bank

Pressure on the central bank has reached an unprecedented point, according to former Fed Chair Janet Yellen.

The past 4 Fed chairs teamed up for an op-ed warning against political meddling amid pressure from Trump to cut rates further

The warning appeared to be a rebuke of efforts by President Donald Trump and his administration to drive interest rates lower.

The Fed plans to create a system that would allow Americans to transfer money faster

Currently, bank customers have to wait up to several days for transactions to pull through to their accounts.

Trump just found another target at the Federal Reserve

The comment marked a departure from his usual broadsides against Federal Reserve Chairman Jerome Powell.

Turkey just gave a worrying hint of the damage a Trump-run Fed might do

Erdogan's firing of Turkey's central bank chief sent the lira tanking and the nation's stocks tumbling.
Turkish President Tayyip Erdogan makes a speech during his meeting with mukhtars at the Presidential Palace in Ankara, Turkey, November 26, 2015.

Turkey’s Erdogan reportedly fired his central bank chief for refusing to slash interest rates

The comments were expected to add to concerns about monetary policy independence in the embattled economy.

Trump has been putting pressure on his Fed chief for nearly a year — and it’s raising serious questions about how the central bank is supp...

Central banks are supposed to be independent, but recent actions from Fed Chair Powell in response to pressure from Trump are raising questions.

The Fed isn’t ruling out a rate hike this year

Federal Reserve officials expect some aspects of the economy to improve in the coming months and could still increase interest rates later in the year, minutes from its latest meeting revealed Wednesday.