Powell determined the Fed Independence Act when he met Trump but the president does not seem to receive the message

Powell determined the Fed Independence Act when he met Trump but the president does not seem to receive the message

Federal Reserve President Jerome Powell met with President Trump And he firmly repeated the Fed’s independence, emphasizing that monetary policy decisions are based solely on economic data, not on political pressure. Despite Trump’s ongoing calls for lower interest rates and past threats to dismiss Powell, the Fed maintains his position that his term is to … Read more