🚨 #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.

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