Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.

US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central

Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair Jerome Powell on Wednesday said that politics had not prompted the Fed's decision to leave a global climate-focused group,