Concern over central bank independence after Trump push to fire Fed governor
France 24Tuesday, August 26, 2025 at 7:41:39 PM
NegativeFinancial Markets
Concerns are rising over the independence of the Federal Reserve following President Trump's push to fire a Fed governor. This has led to climbing Treasury yields and a falling dollar. Additionally, French Prime Minister François Bayrou's confidence vote has unsettled markets, while the UN postal agency reports that 25 countries are suspending package deliveries to the US.
Editor’s Note: This situation is significant as it raises questions about the autonomy of central banks, which are crucial for maintaining economic stability. The reactions in the markets indicate a lack of confidence, which could have broader implications for the global economy.
— Curated by the World Pulse Now AI Editorial System
