On Wednesday, Powell emphasized the importance of the Fed's independence: That gives us the ability to make decisions for the benefit of all Americans at all times, not for any particular political party or political outcome.
President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households.
Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed.
The story "Donald Trump could clash with Federal Reserve in coming years, reasons here" has 1310 words across 62 sentences, which will take approximately 6 - 11 minutes for the average person to read.
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The story "Donald Trump could clash with Federal Reserve in coming years, reasons here" was covered 1 weeks ago by Business Standard, a news publisher based in India.
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