On the recordJuly 9, 2024
We try to keep them very separate. And we try not to express views on fiscal policy.
Source
congress.govWe try to keep them very separate. And we try not to express views on fiscal policy.
Powell emphasizes the separation of monetary and fiscal policy roles.
Share
More from Jerome Powell
If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.
without the ability to pay interest on reserves, the Fed would lose control over rates
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.