Day Headlines in Economy News: 2025-08-26
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Cook to sue Trump over order to fire her from Federal Reserve (BBC Economy 2025-08-26 16:12:22)
Cook says the US president "has no authority to do so" in defiance of Trump's escalatory move against the central bank. -
Trump orders removal of Federal Reserve governor (BBC Economy 2025-08-26 11:05:30)
Cook says the US president "has no authority to do so" in defiance of Trump's escalatory move against the central bank. -
Rising egg prices push food inflation to 18-month high (BBC Economy 2025-08-26 07:57:26)
A survey says food inflation is at its highest level for 18 months, as the cost of staples grow. -
Trump orders removal of Federal Reserve governor Lisa Cook (BBC Economy 2025-08-26 01:49:33)
The US president posts a letter addressed to Cook in which he informed her of his decision.