Will you emphasize to the president the importance of Fed independence. >> Absolutely. I spent 20 years of my life working on central bank independence and why it was important.There's no doubt. I've got a long paper trail of this. The one thing everybody always forgets in central bank independence is there's another side of it which is accountability.There's no institution in this country that is unaccountable to the electorate. that that's not and that's pe what people often forget is that we want central ...

you're going to uh be meeting with the president later today. And first of all, yeah, it's what that we reported that. Um I want to thank you for continuing to keep your appointment at this for this conversation, which other people might have otherwise.Uh but um I'd like to say the president called me into a pre-in, but that's not precisely what happened. The president has said that he thinks he ought to have a say in interest rates. Um I imagine he might say that to you. I wonder if you might share your re ...

An under-the-radar Fed vote just eliminated Trump’s most Machiavellian path to undermining central bank independence, @jonathanjlevin says (via @opinion) https://t.co/hN7UGZATFU ...

The US Supreme Court scheduled arguments for Jan. 21 on Trump’s effort to fire Federal Reserve Governor Lisa Cook in a pivotal clash over the central bank’s independence. https://t.co/4SuTdqtBcL ...

Central Bank Independence & Risk - The report highlights threats to central bank independence, referencing Donald Trump and Turkey's experience as a cautionary example [1] - The report suggests potential negative consequences when central bank independence is compromised [1]

Central Bank Independence - The Supreme Court is set to rule on President Trump's authority to remove Lisa Cook from the Fed board [1] - Economists and former officials suggest this case poses a risk to the independence of the central bank [1]

Market Analysis - Citigroup strategists closed a trade recommendation following the Fed's policy decision [1] - The Fed's near unanimous policy decision last week reduced concerns about central bank independence [1]

Monetary Policy - The Federal Reserve decided to cut its benchmark interest rate by 0.25% [1] Central Bank - The decision highlights the independence of the central bank [1]

Monetary Policy & Inflation - The Fed faces a stagflation-type scenario with high inflation due to supply shocks (tariffs) that may weaken the economy [2] - The Fed is considering a presumptive 25 basis point rate cut amidst concerns about inflation expectations [2] - The central bank should normally look through temporary supply shocks to inflation, but the Fed is worried about inflation expectations [3][4] - If inflation expectations rise and become anchored, it could lead to incrementally higher inflation over time [6] - Compromised central bank independence could lead to expectations of easier monetary policy, causing inflation and higher interest rates [7][8] - The Fed's concern about inflation expectations may make them reluctant to ease as fast as they normally would [5][10] Central Bank Independence - Attacks on the Fed, such as the Lisa Cook situation, and potential political influence are concerning [4][9] - The appointment of someone still working in the White House to the Fed is unprecedented [4] - Examples like Turkey and Argentina show that compromised central bank independence can lead to high interest rates and distrust in statistics [9][10]

Federal Reserve Policy - The nominee for the Federal Reserve Board reaffirmed commitment to central bank independence during a confirmation hearing [1] Market News - Bloomberg News Now is covering the latest stories related to the Federal Reserve [1]