Jamie Dimon defended the independence of the Fed, saying that “anything that chips away” at the central bank’s independence “is not a good idea”
The JPMorgan chief reiterated his support of the Fed after the DOJ investigation. Source link
Finance
U.S. Small-Business Confidence Rises Amid Brighter Outlook Expectations
Small-business confidence in the U.S. rose in December, driven by a jump in those expecting better business conditions going forward.
A group of central banks from around the world issued a statement in support of Jerome Powell, an unprecedented step that underlines how seriously they view the threat to the independence of the Fed
The statement from the European Central Bank and others is an unprecedented step that underlines how seriously they view the
Eurozone’s Household Saving Rate Declined in Third Quarter
The eurozone’s saving rate fell in the third quarter of last year, helping support the economy as spending modestly recovered.
U.K. House Prices Expected to Rise But London Likely to Straggle
U.K. house prices are expected to rise in 2026, with Scotland and Northern England showing the strongest growth and sales
Some Trump allies and officials worry that the Justice Department’s criminal investigation into Fed Chair Jerome Powell could imperil Trump’s nominees in the Senate and unnerve financial markets
They are concerned that the DOJ’s criminal investigation could imperil the president’s nominees in the Senate and rattle markets. Source
Fed’s Williams Hints Rates Need No Near-Term Adjustment
New York Fed President John Williams said that interest rates are in a comfortable place, hinting that he and other
The Justice Department’s investigation of Federal Reserve Chair Jerome Powell represents an escalation of an unprecedented White House campaign to shape what happens at the central bank
President Trump’s campaign to exert more control over the Federal Reserve ramped up over the weekend. Here are the basics
ECB’s Villeroy Backs Powell, Sees 2026 Rate Rise as ‘Fanciful’
The ECB is very unlikely to raise its key interest rate this year, with a weaker dollar among a number
How the U.S. Is Tightening the Reins on Federal Student Loans
What families need to know about new limits on student borrowing and benchmarks for universities. Source link