Senior officials at the Federal Reserve are striving to maintain focus on macroeconomic conditions despite escalating criticism from former President Donald Trump. While political figures have targeted the central bank over interest rate policies and inflation management, Fed leaders emphasize their commitment to data-driven decision-making. Their primary objective remains achieving price stability and maximum employment, independent of external pressures. By reinforcing institutional independence, policymakers aim to preserve confidence in monetary policy amid a turbulent political climate.
— news from The New York Times
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Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks The New York Times