From Hindustan Times: 2024-05-01 17:04:00

Fed Chair Jerome Powell reassured that the upcoming U.S. election will not impact interest rate decisions, emphasizing the Fed’s commitment to economic analysis over politics. Recent proposals to potentially influence the Fed’s independence by former President Trump’s allies were also highlighted, prompting responses from Powell and former Fed chief Janet Yellen.



Read more at Hindustan Times: Fed’s Powell says looming US election will not sway rate decisions