Jerome Powell Says Fed Independence Isn't lost.. yet. 'I Certainly Hope We Won't' Lose It

Jerome Powell says Fed independence isn't lost.. yet. 'I certainly hope we won't' lose it

In a press conference Wednesday following the Federal Reserve’s interest rate decision to hold rates steady, Chair Jerome Powell made clear his stance on the Fed’s independence.   “We haven’t lost it. I don’t believe we will. I certainly hope we won’t,” Powell said.  The comment comes several weeks after he made public the Justice Department served the Federal Reserve grand jury subpoenas targeting Powell about his June 2025 Congressional testim…

Fed Powell pushes back on political pressure narrative - ActionForex

Fed Chair Jerome Powell said in the post meeting press conference that the US economy expanded at a solid pace last year and is entering 2026 on "firm footing". He added that monetary policy is "not on a preset course", reiterating that future rate adjustments will depend on incoming data, the evolving outlook, and the balance of risks. He said the Fed is “well positioned” to determine the extent and timing of any additional moves, emphasizing a…

Powell ‘Strongly Committed’ to Fed Independence

8 min ago Powell ‘Strongly Committed’ to Fed Independence Powell remains “strongly committed” to the Fed’s independence from other branches of the U.S. government, and his colleagues are, too, the chair said Wednesday. He noted that independence remains a good practice for central banks in…

Powell Pushes Back on DOJ Subpoenas, Cites Fed Independence

Federal Reserve Chair Jerome Powell spoke out against recent subpoenas from the Department of Justice, calling them a political move that could threaten the Fed’s independence. Bitcoin barely reacted and stayed within its recent range, as most traders were already looking ahead to the next interest rate decision. The concern sits in the background of all markets. When politics starts to influence interest rates, the effects spread quickly to sto…