How Trump’s pressure on Powell compromises the Fed’s independence.
Yahoo Finance·2025-07-28 15:30
I actually think the most important thing going on right now in terms of the Fed's independence is what's happening for the the successor to the Fed chairman. The president is making very clear that his successor is expected to cut interest rates. So, whoever gets the job is going to have to make some implicit or explicit promise to the president of the United States that he's cutting interest rates.And to me, that's compromised independence. Do you think that the Fed should be an independent entity of the ...