FW Desk News
FreightWatch.News
Sunday, October 4, 2026
President Donald Trump's chief economic adviser has called for former Federal Reserve Chair Jerome Powell to step down from the central bank's board. The call cites management deficiencies revealed in an internal report on the institution's headquarters renovation project.
The remarks signal escalating pressure on Fed leadership as the Trump administration reshapes economic policy.
Federal Reserve and European Central Bank policymakers have tempered expectations for near-term rate adjustments following softer U.S. employment figures and financial instability in European markets. The moves reflect broader shifts in central bank strategy as inflation concerns ease.
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