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The Fed works best when it’s boring: steady, technocratic, independent. Continuity from Bernanke to Yellen to Powell kept the focus on inflation and jobs, not partisan jerseys. I worry what lies ahead if that tradition is overturned.

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Justin Wolfers

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19,654 просмотров • 9 месяцев назад •via X (Twitter)

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Q: How can markets trust that the Fed is truly independent if it looks like there's a criminal investigation into Fed Chair Powell for not complying with the president's wishes? MIKE JOHNSON: Powell is an individual. He is not the Fed. And it's a serious allegation if he was not truthful in testimony to Congress. We don't play favorites.
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