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Understanding the US Fed system
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You are now reading:
Understanding the US Fed system
US President Trump has recently ramped up his criticism of Fed Chair Powell - citing that the Fed has not cut interest rates quick enough and flagged the possibility of his “termination”. While Trump said later that he has “no intention” to fire Powell before his term ends next year, he declined to rule out the possibility. Below is an overview of the Fed System and the roles of Powell within Fed.
Source: Federal Reserve Board, Media reports, Global Economics & Markets Research
Alvin Liew
Senior Economist
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Tan Lena
Business Data Designer
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