Chairman: Federal reserve must avoid political pressures
SALT LAKE CITY (AP) — Federal Reserve Chairman Jerome Powell is stressing the importance of an independent central bank “absolutely free” from politics.
Powell’s comments Monday in Salt Lake City came after President Donald Trump has repeatedly pressured Powell to lower interest rates and said the United States is missing out on economic opportunities because of “boneheads” at the Federal Reserve.
Powell was in Utah for the premiere of a documentary about form
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