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Powell: Political Pressure Risks Undermining Fed Trust

Powell: Political Pressure Risks Undermining Fed Trust

Maya Patel 2 weeks ago
Federal Reserve Chair Jerome Powell warned that political pressure from the White House could severely damage public trust in the U.S. central bank. He described such interference as a "stress test" that could have lasting negative consequences for the institution's credibility, according to CNBC.
United States

Powell: Political Pressure Risks Undermining Fed Trust

Maya Patel 2 weeks ago
Federal Reserve Chair Jerome Powell warned that political pressure from the White House could severely damage public trust in the U.S. central bank. He described such interference as a "stress test" that could have lasting negative consequences for the institution's credibility, according to CNBC.
United States
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