Pound at highest level versus dollar since early 2022
Friday, 23 August 2024 The pound has hit its highest level against the US dollar since March 2022 after the chair of the Federal Reserve declared that "the time has come" for an interest rate cut.
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US president’s global tariff policies.
READ MORE : http://www.euronews.com/2025/06/19/us-federal-reserve-keeps-interest-rates-unchanged-as-it-awaits-the-impacts-of-trumps-globa
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Credit: euronews (in English) Duration: 02:00Published
In a 6–3 decision, the Supreme Court ruled that President Trump had the authority to fire Biden-appointed officials Wilcox and Harris mid-term, weakening decades-old congressional protections over independent agencies. The decision—criticized by Justice Kagan—allows presidents to remove executive officers without cause, but excludes the Federal Reserve. Trump’s firings stalled the NLRB and Merit Board, halting key decisions. While the ruling marks a major shift in separation of powers, the Court says a final judgment is still pending.
#SCOTUS #TrumpvWilcox #ExecutivePower #SeparationOfPowers #PresidentialAuthority #AgencyIndependence #WilcoxFiring #NLRB #MeritBoard #SupremeCourtRuling #ConstitutionalLaw #JusticeKagan #FederalAgencies #AdministrativeLaw #TrumpLegalWin #CivilServiceRights #PresidentialControl #FederalReserve #ChecksAndBalances #USPolitics #LaborLaw #LegalPrecedent #BidenAppointees #CourtDecision #PoliticalInterference #JudicialPower #BreakingLegalNews #TrumpCourtVictory
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Friday, 23 August 2024
The pound has hit its highest level against the US dollar since March 2022 after the chair of the Federal Reserve declared that "the time has come" for an interest rate cut.
![US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs [Video]](https://video.newsserve.net/300/v/20250619/1414251114-US-Federal-Reserve-keeps-interest-rates-unchanged-as.jpg)
![Trump Scores MASSIVE Legal Victory | Supreme Court OKs Firing of Biden Appointees [Video]](https://video.newsserve.net/300/v/20250523/1411638352-Trump-Scores-MASSIVE-Legal-Victory-Supreme-Court.jpg)
