The Fed must ensure stable prices as per Congress remit, while both central banks address worldwide inflation, amidst demands from Donald Trump.
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Updated sep 22
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What happened
The Fed must ensure stable prices as per Congress remit, while both central banks address worldwide inflation, amidst demands from Donald Trump.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trump's policies are driving a gold run, causing gold to surpass US Treasury bonds as a reserve asset.Sub-event
Global central banks grapple with worldwide inflation while political pressure mounts on the Fed.1 source
Fed policymakers disagree on the optimal rate path.1 source
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The entities involved
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FED
business
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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European Central Bank
central bank of the European Union and the eurozone