J P M O R G A N North America Economic Research 16 July 2025 How safe is Powell's job? The president's remarks today on potentially removing Fed Chair Powell raise Economic and Policy Research several questions, some of which may only be answered by the Supreme Court. Among those questions: Was the president seeking to remove Powell as governor or just strip him of his leadership role as Chair of the Board of Governors? Would any attempt to remove Powell be a removal at will or a "for cause" removal? After ...

This week, Donald Trump's fight with Jerome Powell continued, with a White House official first telling Bloomberg News that the president was preparing to fire the Federal Reserve chairman, and then Trump quickly taking the threat back.Executive director of The Budget Lab at Yale @marthagimbel tells @svaneksmith and @chafkin why lawmakers have historically committed to Fed independence https://t.co/qSwm0RcP17 ...

I'm very worried about the independence of the Fed. And I'm going to say something that I know many people are going to say, "What. Uh, this sounds crazy, but I actually think given the pressures and and they're not over. that Trump is going to launch in again uh that are on pow that the long-term independence of the Fed very way may very well be enhanced if he steps down.Um and I know that that sounds shocking but let me tell you my reasoning. Um, if the economy goes south, let's say in the second half of ...

I want to kick off the conversation with the fact that the Fed has been waiting to see what the impact of tariffs will be on inflation over the summer months before charting a course forward on interest rates. And we got the first reading of that this week with the June CPI. We saw that tick up a tenth of a percentage point to 2.9%.That was up from 2.8% previously. Are you seeing any indication that tariffs are pushing up inflation now. I think you saw it on goods.If you look at the core goods inflation, es ...

date Bitcoin is up 26% and the dollar is down 9%. I want to ask your thoughts on the news that we've seen this week regarding Fed Chair Powell. Are you concerned about the independence of the fed and what do you think needs to happen from here. >> Yeah, I, I'm very worried about the independence of the fed.And I'm going to say something that I know many people are going to say. What. This sounds crazy, but I actually think given the pressures and they're not over, that Trump is going to launch in again that ...

>> FROM NEW YORK CITY FOR OUR VIEWERS WORLDWIDE, BLOOMBERG REAL YIELD STARTS NOW. SONALI: DRAMA IN D. C.PRESIDENT TRUMP TAKES THE PRESSURE ON FED CHAIR POWELL TO NEW HEIGHTS AS CONSUMER SENTIMENT CLIMBS TO A FIVE-MONTH HIGH DESPITE THE FIRST SIGNS OF TARIFF FUELED INFLATION IN CONSUMER PRICES AS INVESTORS TRY TO SHUT OUT THE NOISE AND FOCUS ON THE FED'S NEXT RATE CUT. DRAMA IN D. C.FRONT AND CENTER. >> IF THE MARKET GETS A WHIFF WE ARE LOSING FED INDEPENDENCE. >> FIGHTING THE FED CHAIR IS BAD FOR THE BOND M ...

This week, Donald Trump's fight with Jerome Powell continued, with a White House official first telling Bloomberg News that the president was preparing to fire the Federal Reserve chairman, and then Trump quickly taking the threat back.Executive director of The Budget Lab at Yale @marthagimbel tells @svaneksmith and @chafkin why lawmakers have historically committed to Fed independence https://t.co/qSwm0RcP17 ...

Interference in the independence of the Federal Reserve would be felt outside of the US, according to Bundesbank President Joachim Nagel https://t.co/620zFWOv0R ...

In a very practical way, if in fact Jay Powell were to be fired, pushed out, or otherwise dismissed, what you think would genuinely happen to the bond market, the dollar, the equity markets. I think they crash. Um remember the way the independence of the Fed works, it provides a signal both to our country and to financial markets around the world that on a couple of key points, particularly monetary policy.What we've done in the United States is we put someone in charge who's supposed to filter through all ...

I'm now find executive editor Brian Todd taking a look at a live shot of the opening bells on Wall Street on this Thursday morning. An extra special I would say guests ringing the bell at the New York Stock Exchange. That is Disney CEO Bob Iger.Uh also I see I see Mickey. I see many very important guests there getting trading underway down there. They're at the Disneyland Resort in Anon, California in celebration of Disneyland's 70th anniversary.NYC President Lin Martin also there in attend. You can see her ...