The recent dismissal of McKinley, director of the U.S. Bureau of Labor Statistics, has triggered significant unease across currency markets, raising profound concerns about the integrity of Federal Reserve independence. Investors fear compromised autonomy at the central bank could undermine… Read More »BLS Director Dismissal Sparks Market Jitters Over Fed Independence Concerns
Former President Donald Trump publicly criticized the Federal Reserve’s current high interest rates, labeling them detrimental to the economy during recent remarks. He specifically discussed the perceived negative impact of these rates on inflation and broader economic recovery efforts. Trump… Read More »Trump Criticizes Fed Rates, Hints at Powell Removal While Warning of Market Impact
Adriana Kugler has resigned from the Federal Reserve Board, effective August 8, intensifying political scrutiny over the central bank’s autonomy and creating uncertainty about Jerome Powell’s leadership during a critical period for U.S. monetary policy. Her departure removes a key… Read More »Fed Governor Kugler’s Resignation Heightens Political Pressure on Central Bank, Raises Crypto Market Concerns
Former President Donald Trump’s public criticism of Federal Reserve Chair Jerome Powell has intensified market turbulence, sparking investor concerns about central bank independence and economic stability. Trump’s remarks suggesting Powell could be fired unsettled markets, contributing to heightened uncertainty across… Read More »Bitcoin Surges Amid Market Volatility Following Trump’s Criticism of Fed Chair Powell