President Donald Trump should be free to voice his opinion about the US Federal Reserve, a senior bank official said Thursday, while defending the central bank's independence to tackle inflation.Â
Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China.
US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing.
A relief rally swept global equity markets Wednesday as comments by US President Donald Trump that he had "no intention" of firing the head of the Federal Reserve and his signals of possible tariff cuts for China reassured investors.
China said on Wednesday the door was "wide open" for trade talks with Washington, a day after US President Donald Trump signalled the possibility of a "substantial" lowering of tariffs on Beijing.
US President Donald Trump said Tuesday he had no plans to fire the Federal Reserve chief, in apparently conciliatory remarks after berating him and triggering market turmoil.
Wall Street stocks rebounded Tuesday on upbeat remarks by US officials about trade talks with China, after gold earlier hit a record on jitters surrounding tariffs and other issues.
European Central Bank chief Christine Lagarde said Tuesday that she hoped US President Donald Trump would not oust the country's central bank boss Jerome Powell prematurely.
Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in order to boost global growth, the International Monetary Fund's chief economist said in an interview.
Gold prices hit a fresh record on Monday while the dollar tumbled further along with Wall Street equities as President Donald Trump again slammed Federal Reserve Chair Jerome Powell.