Particle.news
Download on the App Store
6 ARTICLES
·
5d ago

Bank of England Governor Warns on Fed Independence as Waller Affirms Autonomy

The warning follows President Trump's bid to remove Fed governor Lisa Cook, a contested move now before U.S. courts.

Première femme afro-américaine à siéger au conseil des gouverneurs de la Réserve fédérale (Fed), Lisa Cook, ici à Washington le 22 juillet 2025, est accusée par le camp présidentiel d'avoir menti pour obtenir des emprunts immobiliers à des taux plus favorables en 2021. 
Le gouverneur de la Banque d'Angleterre Andrew Bailey le 7 août 2025 à Londres.
Nommé gouverneur par Donald Trump sous son premier mandat, Christopher Waller est considéré comme un prétendant sérieux au poste de président de la banque centrale, quand le mandat de Jerome Powell prendra fin au printemps.
Andrew Bailey s’est dit «très préoccupé».

Overview

  • Andrew Bailey told U.K. lawmakers he is very concerned about threats to the Federal Reserve’s independence, echoing a caution issued earlier by ECB President Christine Lagarde.
  • Fed governor Christopher Waller said on CNBC that the institution remains independent and stressed that independence is essential to its decisions.
  • President Trump is seeking to remove Governor Lisa Cook over alleged mortgage misstatements, an attempt that is currently before the courts.
  • The White House has nominated economic adviser Stephen Miran to replace departing governor Adriana Kugler, with Senate confirmation still pending.
  • After leaving rates unchanged in July at 4.25%–4.50%, markets expect a cut at the September 16–17 meeting as policy debate intensifies within the Fed, with Waller favoring quicker easing.