Jerome Powell: “the Fed’s obligation is to keep longer-term inflation expectations anchored to make certain that a one time increase in…”

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

Part of that is due to the start-stop nature of the tariffs that have been introduced.

we don’t take into consideration political factors

We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.