Fed Chair Powell (Q&A) says he is confident Fed will continue to set policy based on analysis not political considerations
Fed Chair Powell’s comments emphasize the Fed's commitment to data-driven policy-making, steering clear of political influences.
Fed Chair Powell (Q&A) says Fed tries to be a good steward of people's money; Governor Waller and Reserve Bank Presidents are passionate about that
Fed Chair Powell (Q&A) says there are widespread concerns on the Committee that political attacks will continue, and that would be a problem
Fed Chair Powell (Q&A) says he is confident Fed will continue to set policy based on analysis not political considerations
Fed Chair Powell (Q&A) says Fed independence is the law; we've had to go to Court to defend it; law creates a setting where the Fed can set policy without political factors
Fed Chair Powell (Q&A) says Warsh has testified that he will stand up to President Trump, Powell will take him at his word
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This hawkish stance reinforces the potential for sustained monetary tightening, which could support the USD and impact fixed income markets as investors reassess rate expectations and risk sentiment.
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