
President Trump has said anybody who disagrees with him will never get the top job at the Federal Reserve, prompting concern that his nominee will prioritize pleasing him over all else.

President Trump has said anybody who disagrees with him will never get the top job at the Federal Reserve, prompting concern that his nominee will prioritize pleasing him over all else.

Shoppers at a mall in Miami Beach, Fla.

βPlaying around with the Fed can often have adverse consequences β the absolute opposite of what you might be hoping for,β Jamie Dimon, chief executive of JPMorgan bank, said Tuesday.

βItβs really not at all clear what it is we should do,β Jerome H. Powell, the Federal Reserve chair, said during a news conference on Wednesday in Washington.

Jerome H. Powell, the Federal Reserve chair, emphasized at a news conference on Wednesday that the Fed was still waiting for βa true signalβ that it was time to lower interest rates.

Donald J. Trump was indicted by a grand jury in August after a two-and-a-half year investigation into election interference by the Fulton County district attorney, Fani T. Willis.