The U. S. Supreme Court is currently deciding if President Donald Trump can fire Federal Reserve Governor Lisa Cook. The debate centers around what "cause" means for dismissal. Cook and Fed Chair Jerome Powell attended the hearing, showing support for her. Cook's firing stems from allegations of mo
The economic landscape is at a critical juncture, with the Federal Reserve's independence facing unprecedented challenges. The central bank's mandate to maintain stable inflation and a robust labor market is being tested like never before. Inflation has been hovering around 2. 7%, a figure that mig
Wall Street saw a rebound on Monday, with major indexes reaching new highs. The S&P 500 added 0. 2% to its previous record, while the Dow Jones Industrial Average recovered from an early loss of nearly 500 points to gain 86 points. The Nasdaq composite also saw a 0. 3% increase. However, the market
Christopher Waller, a Federal Reserve Governor, recently made it clear that he would strongly defend the central bank's independence if it were ever challenged by a U. S. president. Waller, who is considered a top contender to replace Jerome Powell as Fed Chair next year, shared his thoughts during
