US Edition'We Are Strongly Committed to Maintaining Our Independence,' Says Powell
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Asked about the impact of the entry, as a member of the Fed, by Stephen I. Miran, an ally of Donald Trump, Powell reiterated that the institution remains united in its mandate, control of inflation and maximum employment, and "compromised to maintain independence". Fed has been often criticized by US President Donald Trump for not cutting down the jury sooner and more aggressively. Jerome Powell also said that the institution did not take into a…
Questioned about the impact of the entry into force of a Trump alliance as a member of the Fed, Jerome Powell stressed that the institution remains united in its mandate, control of inflation and maximum employment, and “prohibited to maintain independence”
The chairman of the monetary authority is questioned about the appointment of Stephen Miran, appointed by President Donald Trump, to the Federal Open Market Committee (FOMC)
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