The Fed stresses its independence in the face of repeated attacks from Trump

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The Fed stresses its independence in the face of repeated attacks from Trump
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An independent central bank is seen as crucial for the health of financial markets and for the economy.

Federal Reserve Chairman Jerome Powell stressed the importance of independent monetary policy on Friday. That came hours after President Donald Trump lashed out at the central bank in a series of particularly harsh tweets. An independent central bank is seen as crucial for the health of financial markets and the economy. Visit the Markets Insider homepage for more stories.

Federal Reserve Chairman Jerome Powell stressed the importance of independent monetary policy on Friday. That came hours after President Donald Trump lashed out at the central bank in a series of particularly harsh tweets. An independent central bank is seen as crucial for the health of financial markets and the economy. Visit the Markets Insider homepage for more stories.

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