UPDATE 3-Powell says Fed insulated from politics, wrestling with rate cuts
Federal Reserve Chairman
Jerome Powell on Tuesday said the U.S. central bank is
“insulated from short-term political pressures,” and that its
policymakers are wrestling with whether to cut interest rates as
President Donald Trump has demanded.
Jerome Powell on Tuesday said the U.S. central bank is
“insulated from short-term political pressures,” and that its
policymakers are wrestling with whether to cut interest rates as
President Donald Trump has demanded.
Posted by Reuters
