On the recordJuly 9, 2024
The question you raised, if I answered it, it would be along some kind of a political avenue.
Source
congress.govThe question you raised, if I answered it, it would be along some kind of a political avenue.
Powell explains the importance of avoiding political influence in central banking.
Share
More from Jerome Powell
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
We do not take into account the fortunes of any political party or politician.