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Central Banks Headlines

Trump says he can fire Fed's Powell; it's not that simple

U.S. President Donald Trump accused Federal Reserve Chairman Jerome Powell on Wednesday of doing a "bad job" and "out to prove how tough he is," but any move to oust him would likely touch off a legal fight with big repercussions in financial markets as well.

Policymakers turn up heat on Woodford after fund suspension

Bank of England Governor Mark Carney on Wednesday said illiquid funds that allow savers to take money out at will were "built on a lie", in the latest criticism of British investment guru Neil Woodford's management of his suspended flagship fund.

Fed pushes back on aggressive U.S. rate cut views

Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of half a percentage point as soon as its next meeting.

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