Federal Reserve Chair Jerome Powell Defends Central Bank Independence Amid Challenges
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#6e491e74 ver:0.34

Federal Reserve Chair Jerome Powell defends central bank independence amid challenges, emphasizing its importance for the U.S. economy. Powell dismisses claims of political influence on rate decisions and highlights the benefits of an independent central bank. The White House also supports Fed independence, countering threats from former President Trump and his allies. The Fed's twice-yearly report stresses the need for political independence and seeks to shore up support in Congress. Maintaining independence is crucial for achieving economic stability and better outcomes. #FederalReserve #Independence #Economy...

#newstr #FederalReserve #JeromePowell #CentralBankIndependence #MonetaryPolicy #UsEconomy 

 https://here.news/story/6e491e74?ver=0.34