Current FED chairman Jerome Powell is instituting strict press conference requirements and seeking successful policy models from former chair Alan Greenspan.

The entities involved

• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
• Jerome Powell →

  president of the FED

  • The Federal Open Market Committee (FOMC) is the policy-setting body of the FED, with reports detailing Trump's influence on nominations.Mon 14:19
  • Donald Trump criticized Jerome Powell regarding the reluctance to implement interest rate cuts.Mon 07:46
• Alan Greenspan →

  American economist and financial advisor (born 1926)

  • Nomura notes high accuracy of Fed's market moves as Warsh presides over his first meeting, with Fed statements echoing Greenspan's style.Mon 10:26

Related events

• Donald Trump attempts to exert greater control over the Federal Reserve.Aug 6
• Warsh, the new Fed Chair, diverges from the predictable guidance previously provided by Jerome Powell.Thu 12:48