Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

Outgoing US Federal Reserve Chair Jerome Powell has strongly defended the importance of central bank independence, warning that political interference could permanently damage public trust in the institution responsible for guiding America’s monetary policy. Speaking at an award ceremony hosted by the John F. Kennedy Library Foundation, Powell said the Federal Reserve is currently facing […]

Continue Reading