Fed goes to court, the market holds its breath: Who will control US interest rates?
The US Federal Reserve (Fed) today entered a crucial hearing session, which could set a notable precedent for the world's largest economy. At the US Supreme Court, justices will hear arguments in a case involving Ms. Lisa Cook – a Fed governor – who is opposing President Donald Trump's decision to seek to end her term on the Board of Governors.
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Fed goes to court, the market holds its breath: Who will control US interest rates?
The US Federal Reserve (Fed) today entered a crucial hearing session, which could set a notable precedent for the world's largest economy. At the US Supreme Court, justices will hear arguments in a case involving Ms. Lisa Cook – a Fed governor – who is opposing President Donald Trump's decision to seek to end her term on the Board of Governors.