Chairman Powell stands firm against Trump on Fed independence
Reuters - Business (Amazon FireTV)
06/25/2019 | 2 min | NOT-RATED
Federal Reserve Chairman Jerome Powell pushed back at White House criticism, declaring the world's most powerful central bank was designed to be "insulated from short-term political pressures," and is now grappling with the question of when a rate cut will be necessary. Conway G. Gittens reports.