Fed's Unwavering Stance Amid Political Pressure

In a decisive press conference on Wednesday, Federal Reserve Chair Jerome Powell made it clear that the central bank's operations remain unaffected by President Donald Trump's public remarks. "Trump's comments don't affect our job at all," Powell emphasized, reinforcing the Fed's commitment to its dual mandate.

Commitment to Economic Stability

Powell highlighted the Fed's unwavering focus on fostering maximum employment and ensuring price stability for the American populace. Despite external pressures, the Fed's decisions are solely influenced by economic data, the outlook, and the balance of risks, ensuring a principled approach to monetary policy.