On the recordJune 30, 2025
we don’t take into consideration political factors
Source
cnn.comwe don’t take into consideration political factors
Powell emphasizes the Fed's focus on economic data over politics.
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So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.