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Fed Chair Powell Says Fed Independence Means Monetary Policy Decisions Can't Be Reversed, Or Reviewable; As We Make Decisions, We Are Not Thinking About Wellbeing Of Any Political Party; Political Factors Would Be A Distraction; Fed Has An Obligations...

Benzinga ·  04:20

Fed Chair Powell Says Fed Independence Means Monetary Policy Decisions Can't Be Reversed, Or Reviewable; As We Make Decisions, We Are Not Thinking About Wellbeing Of Any Political Party; Political Factors Would Be A Distraction; Fed Has An Obligations To Explain Ourselves To The Public, To Congress; Fed Credibility Is Everything In Our Work

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