Friday, 18 July 2025 () Tensions between governments and central banks are common. Governments often prefer low interest rates for economic growth. Central banks prioritize controlling inflation. This difference leads to conflict. US President Trump criticized Federal Reserve chief Jerome Powell. Historical examples include Nixon's pressure on Arthur Burns. Central bank independence is crucial. Government interference can negatively impact markets. The struggle for control continues.
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
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
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
Also Read
BJP's Suvendu Adhikari Promises Legal Aid to Teachers Affected by Supreme Court Job Loss Ruling :: https://www.oneindia.com/india/bjp-suvendu-promises-legal-support-to-jobless-teachers-after-sc-verdict-011-4115869.html?ref=DMDesc
Uttar Pradesh Minister Affirms Commitment to Quality Education for Muslim Youths in Madrassas :: https://www.oneindia.com/india/committed-to-quality-education-for-muslim-youths-in-madrassas-011-3978887.html?ref=DMDesc
Slovakian Supreme Court Dismisses Lawsuit By Former Czech Prime Minister Andrej Babis Over Secret Police Allegations :: https://www.oneindia.com/international/supreme-court-upholds-ruling-against-andrej-babis-over-secret-police-allegations-gen-3633545.html?ref=DMDesc
~ED.420~HT.408~GR.125~
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank..
Friday, 18 July 2025 ()
![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)
![India's central bank cuts rates more than expected to boost growth [Video]](https://video.newsserve.net/300/v/20250606/1413155668-India-central-bank-cuts-rates-more-than.jpg)
