Storm surrounds Fed meeting as court blocks bid to axe governor 

Appeal now set for US Supreme Court

The US Federal Reserve began a two-day meeting on Tuesday with a new governor on leave from the Trump administration joining the deliberations and a second policymaker at the table still facing efforts by US president Donald Trump to oust her.

The US Federal Reserve began a two-day meeting on Tuesday with a new governor on leave from the Trump administration joining the deliberations and a second policymaker at the table still facing efforts by US president Donald Trump to oust her.

The unusual circumstances, both historic in their own right, have changed what would have been a meeting about risks to the job market into a benchmark of Mr Trump's efforts to gain influence over monetary policy.