U.S. President Donald Trump has repeatedly criticized the Fed's rate increases and urged the central bank to lower interest rates to boost the economy.
"Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening," Trump tweeted on Tuesday.
"We have the potential to go up like a rocket if we did some lowering of rates, like one point, and some quantitative easing," the president added.
In response to a question about outside political pressure, Powell on Wednesday pledged to defend the central bank's independence.
"We are a nonpolitical institution and that means we don't think about short term political considerations," Powell told reporters.
"We don't discuss them and we don't consider them in making our decisions one way or the other," he said.
"That is critical for the Fed to maintain independence from the political pressures that are always present in Washington," Swonk noted.
【国际英语资讯:Spotlight: U.S. Fed leaves rates unchanged, downplays inflation concerns】相关文章:
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