Commentary: Why Trump is wrong on Powell
By Mark Sobel in Washington
President Trump has shown spurious reasoning in attacking the Fed and Chairman Jay Powell. It would be a huge disservice to America, the Fed and its independence if a debate over monetary policy gave succour to Trump’s attacks. Now is the time to vigorously protect Fed independence. A reasonable debate can be conducted about the Fed rate hike. But all should recognise that both sides have plausible arguments. A 25 basis point rise will not kill the golden goose of the US economy.
Read the full commentary on the website.
Thursday 24 January, New York, 13:30 EST
The euro area has been faced with many challenges over the years, from the sovereign debt crisis and political misalignment, to complications with fiscal integration and banking union. Covering the European regulatory agenda, Nathalie Aufauvre, director general for financial stability and operations at Banque de France, will discuss topics including European market infrastructure regulation and Britain’s exit from the European Union.
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