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Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts
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Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

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Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.

WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell ha... [5312 chars]

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Source: AP News

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