zlacker

> the US President openly contemplating dollar devaluation

Why won’t the fed raise rates?

>>ground+(OP)
The fear is the loss of safe guards and independence of the Federal Reserve. Trump is actively trying to remove safe guards and independence that would allow the Federal Reserve to counteract anything like this. If for instance Trump wants to hold interest rates low regardless of what anyone is telling him, he wants that power[0][1].

The upcoming decision by the Supreme Court on case Trump v. Cook is about this very issue[2]

[0]: https://www.cnn.com/2026/01/29/economy/federal-reserve-indep...

[1]: https://www.pbs.org/newshour/nation/why-the-federal-reserves...

[2]: https://hls.harvard.edu/today/will-the-federal-reserve-remai...

>>no_wiz+o1
If they won’t raise rates for fear of losing independence it’s already over.

>>no_wiz+o1
Trump v Cook is not upcoming it has been argued already

https://www.oyez.org/cases/2025/25A312

>>abduhl+uc
Edited! Though it was suppose to be written as upcoming decision, as yes the case was argued already but not ruled on

>>ground+96
If Trump v. Cook is a loss for Trump, they won't be in fear of losing independence, as I understand it.

>>no_wiz+Le
Which branch of government is the fed under?