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Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers and their decisions.
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Central Illinois Proud on MSNLocal financial advisor emphasizes Fed’s independence amid political pressureFinancial advisors like Rockie Ziegler believe that removing Fed Chair Jerome Powell would be a dangerous move, as it could undermine confidence in the economy and create long-term instability.
Whether Federal Reserve Chair Jerome Powell is fired next week, forced to resign in six months or allowed to muddle through to the end of his term next May, the supposedly sacrosanct notion of Fed independence has already been shattered.
President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal Reserve Chair Jerome Powell, before walking back such plans, calling them “highly unlikely.
The president keeps threatening to fire Jerome Powell. There are reasons beyond market reaction why he might regret following through.
Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest bankers are speaking out to defend the independence of the Federal Reserve while President Trump openly discusses ousting Chair Jerome Powell.
The head of Germany's Bundesbank on Thursday warned against interfering with the independence of central banks, following U.S. President Donald Trump's attacks on Federal Reserve Chair Jerome Powell.
JPMorgan Chase Chief Executive Jamie Dimon emphasized the importance of the Federal Reserve's independence in a media call Tuesday. “Independence of the Fed is incredibly important,” Dimon sai
Former Federal Reserve Governor Kevin Warsh, who could replace current chair Jerome Powell, believes the Federal Reserve has mishandled interest rates and faces a credibility deficit due to changing policy goalposts.