Donald Trump’s main political problem is high prices, something that excessively loose monetary policy would make worse. And if the central bank’s independence were threatened, investors would revolt https://t.co/spsI7kJ1lU ...

Federal Reserve Board member Lisa Cook has one week to respond to the president's emergency petition to the court to let him immediately fire her. President wanted Cook gone while the courts consider Trump's request after an appeals court put Cook's removal on hold. The fact that Chief Justice John Roberts set this deadline for Thursday next week suggests the court will not issue a decision before then.Cook's team says allowing her to be removed like this would undermine the central bank's independence and ...