SENSEX
NIFTY
GOLD
USD/INR

Weather

image 17    C

Business News

The Economic Times

Business / The Economic Times

details

Wall Street pins hopes on Fed independence as Donald Trump eyes new chair

Global markets find reassurance in the Federal Reserve's independence. Despite President Trump's concerns about appointing aligned Fed chairs, bankers believe future leaders will prioritize economic data over politics. Institutions are preparing for various economic scenarios. Confidence in the Fed's autonomy remains crucial for market stability and inflation control.

28 Jan 2026 10:20 am