Trump health secretary choice is ‘courting catastrophe’, says rights group – as it happened

This blog is closed, thanks for following along. You can read more of our coverage below:Reaction: RFK Jr condemned as ‘clear and present danger’ after Trump nominationFull report: Trump nominates RFK Jr as health secretaryWho is RFK Jr and what might his top priorities be?An independent central bank is “fundamental” to getting good economic outcomes, a senior Federal Reserve official said on Thursday, reports Agence France-Presse (AFP).The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment – primarily by raising and lowering interest rates. Anything that undermines the Fed’s independence could spook traders in the financial markets, who might come to question if it could effectively tackle inflation over the longer term. Continue reading...

Trump health secretary choice is ‘courting catastrophe’, says rights group – as it happened

This blog is closed, thanks for following along. You can read more of our coverage below:

An independent central bank is “fundamental” to getting good economic outcomes, a senior Federal Reserve official said on Thursday, reports Agence France-Presse (AFP).

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment – primarily by raising and lowering interest rates. Anything that undermines the Fed’s independence could spook traders in the financial markets, who might come to question if it could effectively tackle inflation over the longer term. Continue reading...