12 Days
Source:
Sky News
Paul emphasizes federal independence as vital
Jerome Powell, the former Chairman of the Federal Reserve, delivered an important speech defending the independence of the U.S. central bank. He considered the independence of the Federal Reserve Board "an invaluable asset" that must be protected from political pressures. He emphasized the importance of safeguarding institutions from political interference to ensure monetary policy stability and the credibility of the Board, while also acknowledging mistakes made during the COVID-19 pandemic and pledging to work on correcting them.
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