Trump Allies Draft Plans to Reduce Fed's Independence, Raise Concerns on Nostr: Federal Reserve Highlights Political Independence Amid Presidential Campaign ...
Federal Reserve Highlights Political Independence Amid Presidential Campaign
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#6e491e74 ver:0.31
The Federal Reserve emphasizes its political independence amid the presidential campaign, as real estate tycoon Grant Cardone supports Trump's proposal to control the central bank. However, concerns about eroding independence and potential consequences arise. Fed Chair Jerome Powell assures that the upcoming election won't sway policy choices and highlights the importance of independence for financial stability. Transcripts reveal that political topics are considered in economic analysis, but the Fed aims to make decisions based on data. The White House defends the Fed's independence, emphasizing its importance in controlling inflation. The Fed releases a report stressing the need for independence and seeks support in Congress. President Biden re-nominates Powell, who is focused on the Fed's independence regardless of the election outcome. #FederalReserve #Independence #PresidentialElection...
#newstr #FederalReserve #PoliticalIndependence #PresidentialCampaign #InterestratePolicies #Congress #JeromePowell #DonaldTrump
https://here.news/story/6e491e74?ver=0.31
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#6e491e74 ver:0.31
The Federal Reserve emphasizes its political independence amid the presidential campaign, as real estate tycoon Grant Cardone supports Trump's proposal to control the central bank. However, concerns about eroding independence and potential consequences arise. Fed Chair Jerome Powell assures that the upcoming election won't sway policy choices and highlights the importance of independence for financial stability. Transcripts reveal that political topics are considered in economic analysis, but the Fed aims to make decisions based on data. The White House defends the Fed's independence, emphasizing its importance in controlling inflation. The Fed releases a report stressing the need for independence and seeks support in Congress. President Biden re-nominates Powell, who is focused on the Fed's independence regardless of the election outcome. #FederalReserve #Independence #PresidentialElection...
#newstr #FederalReserve #PoliticalIndependence #PresidentialCampaign #InterestratePolicies #Congress #JeromePowell #DonaldTrump
https://here.news/story/6e491e74?ver=0.31