Trumponomics
Trump nominee Shelton moving closer to Senate vote
Observers say Murkowski’s statement removes one potential barrier to Shelton being approved

US senator calls for hearings on Fed’s role in 2020 elections
Republican accuses former NY Fed chair Dudley of trying “sabotage” Trump’s trade talks

Fischer warns Trump could sabotage Fed crisis response
Fed independence under “unprecedented” threat and second Trump term would harm US – Fischer

Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
Trump administration nominates David Malpass as next World Bank head
Nomination comes despite inaccurate pre-crisis predictions and criticism of global institutions
Irish central bank warns economy may be overheating
CBI develops new indicator for domestic economic activity
IMF warns of global risks from US fiscal expansion
Faster policy tightening by Fed could harm emerging economies, Obstfeld says
Trump criticises Fed over rate rises and threatens higher tariffs
US president says rate hikes are “taking away our competitive edge”
FOMC minutes show members expecting higher US inflation
Fed’s rate-setters say current fiscal policy has few historical parallels
No one can win a trade war, says Benoît Cœuré
Senior ECB official says US growth could be cut by 2.5% by tariff hikes
St Louis’s Bullard on the future of the Fed and its monetary policy record
President James Bullard says Fed monetary policy was a “factor” that fuelled crisis
US Treasury proposals seek to water down Basel III
Proposals would curtail liquidity rules, stress testing and the Volcker rule
New Glass-Steagall would not separate banks if implemented, says Mnuchin
US treasury secretary’s stance on banking reform contrasts with statements from president Donald Trump
Carstens agrees to stay at Bank of Mexico until December
Following meeting with Mexican president and finance minister, Carstens will lead bank until December
US uncertainty puts Bank of Mexico on edge
Central bank hikes rate by 50bp, as uncertainty from US threatens inflation
US congressman: Yellen must stop international negotiations
Fed must allow President Trump to appoint new officials – Republican lawmaker