Fed Chair Powell Reaffirms Independence in Rate Decisions
Fed Chair Powell Affirms Independence in Rate Decisions Chair Jerome Powell of the Federal Reserve underlined the Fed's dedication to base its interest rate decisions on economic data rather than political ones. He gave the House Financial Services Committee his assurance: risk assessments and economic data alone direct the central bank's activities. Powell underlined the Fed's long history of preserving independence, particularly in relation to election years. He unde
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