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The credibility of the US Federal Reserve, the world's most powerful financial institution, is at risk

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The credibility of the US Federal Reserve, the world's most powerful financial institution, is at risk
Le Monde
Le Monde🏁 first to report1 hrs ago
The credibility of the US Federal Reserve, the world's most powerful financial institution, is at risk
The Fed faces a challenging period. Inflation has remained above its 2% target for five years, Donald Trump has attacked its independence and Kevin Warsh's tenure as chair has started turbulently. His speech in Jackson Hole on August 28 is shaping up to be crucial.
The credibility of the US Federal Reserve, the world's most powerful financial institution, is at risk
The Fed faces a challenging period. Inflation has remained above its 2% target for five years, Donald Trump has attacked its independence and Kevin Warsh's tenure as chair has started turbulently. His speech in Jackson Hole on August 28 is shaping up to be crucial.
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