On the recordJuly 9, 2025
I won’t bow to political pressure when it comes to setting monetary policy.
I won’t bow to political pressure when it comes to setting monetary policy.
Powell asserts independence from political influence on monetary policy decisions.
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We do not take into account the fortunes of any political party or politician.
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
The outlook for employment and inflation does not appear to have changed much since our September meeting