“Many aspects of the Federal Reserve’s structure are designed to help insulate it from political pressure.”

How Immune Is the Federal Reserve From Political Pressure?

“Congress has determined the Federal Reserve can best achieve its mission of supporting maximum employment and stable prices as an independent agency that makes decisions based on the best available evidence and analysis, without taking politics into consideration.”

Why is it important to separate Federal Reserve monetary policy decisions from political influence?

“Mr. Trump has agitated for the Federal Reserve to lower short-term interest rates to reduce the government’s borrowing costs, part of a broad attack on the central bank’s independence.”

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