Jan 13, 2026 | Markets
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that the US Justice Department’s attacks on the Federal Reserve have the potential to undermine the independence of the central bank and possibly boost borrowing costs. “Everyone we know believes in Fed...
Jan 13, 2026 | Markets
Bank of New York Mellon Corp.’s top executive called the US Justice Department’s attacks on the Federal Reserve “counter-productive” to the Trump administration’s goals of boosting the US economy and prioritizing affordability. The US central bank’s independence has...
Jan 13, 2026 | Markets
Central bank independence could come under threat in Europe over the coming years, should an ongoing move toward issuing shorter-dated bonds tempt politicians to push for lower interest rates, according to Citigroup Inc. Monetary policy is already under pressure in...
Jan 13, 2026 | Markets
Mainstream economists have underestimated the cost of all the confusion the administration has unleashed, particularly on trade and immigration. Many forecasters and investors misinterpret what is happening in the American economy. Some believe the uncertainty around...
Jan 12, 2026 | Markets
Gold and silver climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns about the central bank’s independence. The yellow metal spiked above $4,600 an ounce, while...
