Speculation abounds that Powell is succumbing at least partially to President Donald Trump's ongoing pressure campaign against the Fed The post Powell's Pivot Renews Questions of Fed Independence appeared first on World Politics Review.

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.