CEOs of Wall Street’s top banks, JPMorgan Chase and BNY, expressed support for the independence of the US Federal Reserve on Tuesday, days after the Trump administration opened a criminal investigation into Fed Chairman Jerome Powell.The administration’s investigation into Powell this week drew condemnation from former Fed chiefs and criticism from key members of the […]
The dollar held on to losses on Tuesday after the Trump administration opened a criminal investigation into Federal Reserve Chairman Jerome Powell, a move that threatens the central bank’s independence and confidence in US assets. Investors were still trying to come to grips with news of the investigation unveiled late Sunday, a move that drew […]
German government bond yields fell in early trading on Monday, in contrast to US government bond yields, which rose after the Trump administration threatened Chairman Jerome Powell with criminal charges, again making investors nervous about the independence of the world’s most powerful central bank.Powell said Sunday that the Fed has received subpoenas from the Justice […]
The 30-year return of France paused on Wednesday before his highest since 2011 had beaten in the midst of political uncertainty, and as an attempt by President Donald Trump to dismiss a Federal Reserve governor, concerned about the independence of the Central Bank. The prospect that the minority government of France could collapse caused a […]