🚨 #عاجل | Powell on the question of replacing the Fed chair: "No"… and no impact on his work
◽ During the press conference following the Federal Reserve's decision to cut #الفائدة by 25 basis points, Jerome #باول was asked whether President Donald Trump’s statements regarding the appointment of a new Fed chair hinder his work.
◽ Powell simply replied succinctly: "No."
◽ The response reflects Powell’s adherence to the principle of Fed independence and his insensitivity to the political tensions surrounding the selection of the central bank chief.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🚨 #عاجل | Powell on the question of replacing the Fed chair: "No"… and no impact on his work
◽ During the press conference following the Federal Reserve's decision to cut #الفائدة by 25 basis points, Jerome #باول was asked whether President Donald Trump’s statements regarding the appointment of a new Fed chair hinder his work.
◽ Powell simply replied succinctly: "No."
◽ The response reflects Powell’s adherence to the principle of Fed independence and his insensitivity to the political tensions surrounding the selection of the central bank chief.
#FOMCWatch
$XRP
$SOL
$GT