Powell expresses confidence that the Federal Reserve will maintain its independence during the Trump administration.
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Powell expresses confidence that the Federal Reserve will maintain its independence during the Trump administration.
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It’s interesting to hear Powell’s perspective on the Fed’s independence amid political pressures. Central bank independence is crucial for maintaining trust in monetary policy, and it’s important that the Fed can make decisions based on economic conditions rather than political motivations. It will be worth watching how this dynamic plays out, especially with the ongoing challenges in the economy. What do you think are the potential risks or benefits of this independence during politically charged times?