On the recordJune 30, 2025
we don’t take into consideration political factors
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cnn.comwe don’t take into consideration political factors
Powell emphasizes the Fed's focus on economic data over politics.
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Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are all highly uncertain.
No one should assume that the fed can really protect the economy and the financial system, or our reputation globally from the damage that a U.S. default might inflict.
For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance.